17 August 2014

Number and Price of Private Homes Sold Trend - Aug 2014



Source: http://www.straitstimes.com/news/business/more-business-stories/story/interactive-charts-impact-singapores-property-cooling-meas



My Notes

There was a boom of property price on year 2009 after Singapore last election. With many citizens complaining about the property rising price, you can see that Singapore government imposed a lot of property cooling measurement and it made the property price back to year 2011-2012 level. However, it is still a 50% increase since global financial crisis.

It may take another 1 more year before Singapore government to loosen control of the property cooling measurement given the current trend.

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