Tag: property market

singapore property market back on track

Is the Singapore property market back on track?

Sales of new condos spike for a month during the circuit breaker, and everyone loses their minds. Well, calm down for a second. While it’s good news that new launch condo sales in May 2020 were good, it’s a bit dramatic to be yelling about how the property market is back on track. Let’s anlayse…

china property market rebound

A sign for SG? China property market rebounds after lockdown

After nine weeks of complete lockdown, most people would have expected China’s property market to crumble like cottage cheese. But the latest data from the country shows otherwise: Prices of newly launched homes across 70 major cities in China, excluding state-subsidised housing, rose 0.13% overall in March 2020. Meanwhile, values for resale (second-hand) homes, which…

Covid-19

This is Covid-19’s impact on Chinese buyers in the SG property market

Fears of an imminent recession aside, has the coronavirus outbreak already affected the Singapore property market? Diving into transaction data, we certainly found evidence to suggest that the outbreak (and the lockdowns) dampened buying activity among Chinese buyers in the first two months of 2020. The background on Covid-19 As early as December 2019, China…

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