Despite perceived high prices, 66 percent of Singaporeans still consider property within the city-state to be good ‘value for money’.
With this, the Sentiment Index increased to 45 points during the second half of 2018 from 39 in the first half of 2018. The index measures current real estate satisfaction, real estate climate, affordability, interest rate situation, property prices and perceived government efforts. “With prices in the private property market starting to see declines from cooling measures, and the HDB resale market remaining flat, buyers are likely to consider entering the market in 2019,” said Jeremy Williams, chief business officer of PropertyGuru Group.
For those looking to upgrade to private property, positive perception increased the highest for executive condominiums at six percent.
Qn:HDB?