Prices of popular condos creep up in the suburbs

Hike fuelled by housing supply shortages, low interest rates, demand from HDB upgraders

The price of a 580 sq ft apartment is $2,667 psf at Seaside Residences (left) and $3,000 psf at Riviere. PHOTOS: LIANHE ZAOBAO, FRASERS PROPERTY
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Singapore home prices soared more than 10 per cent to a record high last year.

Housing supply shortages, the low interest-rate environment and rising demand from HDB upgraders fuelled a rally in home prices.

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