Private Home Prices jump 10.6% last year

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. Forett @ Bukit Timah is one of the current new launches that is in the strong demand. Book an appointment to visit Forett @ Bukit Timah showflat.

Summary:

Source: Straits Times

 

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