19 million-dollar flats sold as HDB resale prices rise in June asiaone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaone.com Daily Mail and Mail on Sunday newspapers.
SINGAPORE - More office space is expected to be freed up or vacated in Singapore in the coming months as companies here review their workplace needs in light of changes brought about by the Covid-19 pandemic.
Over the past year, real estate consultancy firms have seen a significant uptick in the number of companies rethinking - many for the first time - their office work arrangements.
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Sky-high prices: The construction of new private residential properties in Singapore. The property market in the republic has been hot in the past year. Reuters
SINGAPORE: Singapore’s housing boom took a breather last quarter, after a return to lockdown conditions eased price growth.
Private property values increased 0.9% in the three months through June from the previous quarter, when they rose 3.3%, preliminary estimates from the Urban Redevelopment Authority showed yesterday.
It was the first time price growth slowed in five quarters.
The respite for buyers may be short-lived given that it was driven by stricter social-distancing measures imposed temporarily in May to curb a Covid-19 outbreak, said Nicholas Mak, the Singapore-based head of research and consultancy at APAC Realty Ltd unit ERA.