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Outlook for the rest of 2013: What type of properties should buyers look out for when the market turns!. What is happening to the Singapore property market?. URA Property Price Index (2013Q1). What people don’t realise is…. Index for Leasehold Terrace Houses ( 2013Q1).
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Outlook for the rest of 2013: What type of properties should buyers look out for when the market turns!
What is happening to the Singapore property market? URA Property Price Index (2013Q1)
What people don’t realise is… Index for Leasehold Terrace Houses (2013Q1)
Key trends that will influence the market in the coming months
Extract of Finance Report from MAS However, if the liquidity leaves, a property market crash would be very likely 40%
Our assessment of the market in Dec 2011 http://www.propwise.sg/a-look-back-on-2011-and-looking-forward-to-2012/
How is the rate of money coming into Singapore? The m-on-m increase https://secure.mas.gov.sg/msb-xml/Report.aspx?tableSetID=I&tableID=I.4
What is the greatest unknown… How is US going to unwind their quantitative easing…
Without significant capital appreciation, investors will be more focused on rental
What about rental? Although it is on the rise, it is flattening out
What do you think will affect rental? What is the supply figures?
How units have NOT been sold yet? Buyers are spoilt for choice in the New Launch Markets
IMPORTANT • We are focusing on the supply situation NOW as there are indications showing that funds are not coming into Singapore as quickly • As a result, investors would be more focused on rental returns as compared to capital appreciation
Transaction Volume (by month) – all transaction Data collected from 1995 to 2007 (13years)
Transaction Volume (by month) – all transaction Data collected from 1995 to 2007 (13years) High Transaction Months Low Transaction Months Low Transaction Months
Transaction Volume (by month) – Completed developments Data collected from 1995 to 2008 (14 years)
How is the resale market doing? Question: Why do we look at the Resale Market?
OCR CCR RCR
It is not doing well… Resale market in 2013Q1 is one of the lowest
Transaction for RCR Resale market in 2013Q1 is the lowest
Transaction for OCR Resale market in 2013Q1 is one of the lowest
Whole Singapore Resale market in 2013Q1 is one of the lowest
We wrote about it in Dec 2012 http://sg.news.yahoo.com/blogs/property-blog/singapore-property-market-outlook-2013-things-look-ahead-074438342.html
Industrial Price Index (2013Q2) How could we tell that the government was going to take action