For subscribers
Looking ahead at impact of property cooling measures
Sales volumes may slow moderately in the short term as buyers adopt a wait-and-see attitude
Sign up now: Get ST's newsletters delivered to your inbox
Visitors at the sales gallery of luxury development The Commodore in Sembawang last November. With the new measures, a temporary pullback in demand is expected for the upper end of the property market.
PHOTO: ST FILE
Christine Sun
Follow topic:
Pandemic-fuelled demand coupled with a depleting housing supply drove property prices in Singapore to new records last year.
Based on the latest flash estimates released by the Urban Redevelopment Authority and Housing Board, both the private residential and HDB resale price indexes for last year registered their fastest annual growth since 2010.
