Property News · December 21, 2017

PropertyGuru News and Views Issue 120


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The year 2017 went by so quickly and was dominated by positive news of improved developer sentiment resulting from strong sales at condo launches. At the same time, there was a flurry of collective sales deals which are expected to continue in the coming months.
First-time home buyers and investors will be eagerly watching the market to see what happens next. Turn to page 4 for our Guru View, and find out whether it’s a good time to buy a residential property in Singapore.   
In terms of location, Punggol in District 19 is an up-and-coming estate for younger home buyers and investors. It’s not a mature town yet, so property prices there are generally lower compared to other areas like Ang Mo Kio or Bishan. As it develops further, prices will rise leading to higher capital appreciation in the long term.
Looking abroad, the UK city of Birmingham seems like a promising destination for Asian investors due to its more affordable prices compared to Manchester or London. Its booming economy also means there’s been lots of investments in infrastructure, such as its Big City Plan.
Meanwhile, if you’re looking to revamp your house for the New Year, we’ve got some great design trends on page 18 that should inspire you.
Merry Christmas and Happy New Year!
Cover Story: Property predictions for 2018
Guru View: Singapore property market looking up for 2018
Eye on Punggol: A family-friendly neighbourhood
Download Issue 120 Now!

Source : proppertyguru.com.sg/Property Market
Read more…PropertyGuru News and Views Issue 120

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