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Saturday, March 27, 2021

Singapore's Stagnant Housing Market


Singapore's relatively weak economy, extensive novel builds together with tighter rules on immigration has led to a cooling of the Singapore belongings market. The Strait Times has analysed the information behind Singapore's stagnant housing market, looking at where existent estate is non selling together with why.

Tracking Down Singapore's Unsold Private Homes includes an interactive map visualizing existent estate projects inwards the metropolis which volition hold upwardly completed inwards 2016 & 2017. The map uses scaled round out markers to present the place of novel builds together with the release of unsold units inwards each project. If yous pick out a mark on the map yous tin attain the axe larn to a greater extent than near the project, such equally the advert of the developer, the release of unsold units together with the cost attain distribution of the units that conduct maintain sold.

The article too includes a chorpleth map showing the drib inwards rental conduct maintain ups inwards each Singapore share over the concluding 3 years.