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Furthermore, it anticipated, as the population ages it will cause lease buyback schemes, a mix of legacy intentions and even moving workforce trends lighten home market marketing stress.
It also expected that Singapore’s medium-term financial development potential of around 3 percent over 2016-2030 implied it would outperform various other developed economic climates as well as support revenue development.
On Thursday, Singapore reported first-quarter gross domestic product (GDP) grew 2.5 percent on-year, down from 2.9 percent in the 4th quarter of 2016.
The Singapore economy is likely to see an intermittent healing from better-than-expected outside demand.
Nevertheless, boosting the macroeconomic outlook will have a significant result in support of a residential property market recuperation given that changes in the economic conditions have a direct bearing on the property market. Visit www.showflat.me.Share on Facebook
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