Private Home Prices jump 10.6% last year
In 2021, property prices shot up to 10.6%, the biggest annual increase since 17.6% surge in 2010.
Data from URA
Prices are expected to grow another 1%-4% because of record-low unsold inventory and a limited new launches pipeline, analysts say.
Demand for new homes in 2022 is still going strong. Phoenix Residences is one of the current new launches that is in the strong demand. Book an appointment to visit Phoenix Residences showflat.
Summary:
Source: Straits Times
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