Mr Getty Goh has a Masters in Real Estate and a Bachelors in Building from the National University of Singapore. He is a director at Ascendant Assets and the Co-founder of CoAssets.com, South East Asia’s first crowd funding and purchase website. The views expressed are his own. For those who wish to know more, please email him at Admin@CoAssets.com.
Based on the latest URA private property price index (PPPI) flash estimates, we know that the PPPI, which represents the overall real estate price trend, has dipped in 2013Q4. This is the first dip the market has seen in the last 2 years.
At present, there are numerous views that the real estate market will stay stagnant for some time. I agree and here are 4 reasons why we think 2014, and maybe even 2015, could be a turbulent year for stakeholders of the Singapore property market.
Reason 1: More new properties are going to flood the market
By now, we already know that there will be a large number of private properties being completed in theRead More »from 4 reasons why 2014 could be a turbulent year for stakeholders of the Singapore private property market