{"id":115314,"date":"2020-04-01T06:00:10","date_gmt":"2020-03-31T23:00:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-home-prices-set-for-first-decline-since-2016-as-economic-recession-bites-colliers-says\/"},"modified":"2020-04-01T07:07:20","modified_gmt":"2020-04-01T00:07:20","slug":"singapore-home-prices-set-for-first-decline-since-2016-as-economic-recession-bites-colliers-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-home-prices-set-for-first-decline-since-2016-as-economic-recession-bites-colliers-says\/","title":{"rendered":"Singapore home prices set for first decline since 2016 as economic recession bites, Colliers says"},"content":{"rendered":"


\nSingapore\u2019s home prices are poised to fall for the first time in four years as the global coronavirus pandemic is likely to push the city state\u2019s economy into a recession, according to Colliers International.Prices could decline by as much as 3 per cent this year, the property consultancy said, based on an index of new and existing properties tracked by Urban Redevelopment Authority (URA). The expected drop is the first setback since 2016, though not the steepest in the past decade, it said\u2026
\n
\nSource : South China Morning Post
\nRead more…Singapore home prices set for first decline since 2016 as economic recession bites, Colliers says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Singapore\u2019s home prices are poised to fall for the first time in four years as...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-115314","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tZU","jetpack-related-posts":[{"id":115346,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-down-1-2-in-q1-2020\/","url_meta":{"origin":115314,"position":0},"title":"Private home prices down 1.2% in Q1 2020","date":"April 2, 2020","format":false,"excerpt":"\r After rising for three consecutive quarters, Singapore\u2019s private residential property prices fell in the first quarter of 2020, due to the impact of Covid-19 on the economy. Urban Redevelopment Authority\u2019s (URA) flash estimates showed that private home prices fell 1.2% quarter-on-quarter in Q1 2020, \u201cgiving back almost half of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/report-average-home-prices-in-singapore-could-rise-by-17-over-2018-2021\/","url_meta":{"origin":115314,"position":1},"title":"Report: Average home prices in Singapore could rise by 17% over 2018-2021","date":"January 10, 2018","format":false,"excerpt":"\r Investment volumes to remain strong for Singapore, while home prices are forecast to rise. The prospects for the Singapore property market are bright, with investment volumes to remain strong and home prices forecast to rise, revealed a 2018 Asia Pacific Property Outlook report released by Colliers International on Wednesday\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117428,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-office-market-is-under-some-pressure-colliers-international\/","url_meta":{"origin":115314,"position":2},"title":"Hong Kong's office market is 'under some pressure': Colliers International","date":"June 29, 2020","format":false,"excerpt":"\r Cities like Singapore, Bangalore and Melbourne look the most promising in the Asia-Pacific's office markets, says Andrew Haskins of Colliers International. He also discusses how the Hong Kong office market is currently \"under some pressure,\" with office rents expected to decline for the second consecutive year.\r \r Source :\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139915,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/colliers-revises-2023-forecast-says-hong-kong-commercial-property-investment-to-decline-by-65-per-cent-as-interest-rates-economy-weigh-on-sentiment\/","url_meta":{"origin":115314,"position":3},"title":"Colliers revises 2023 forecast, says Hong Kong commercial property investment to decline by 65 per cent as interest rates, economy weigh on sentiment","date":"October 18, 2023","format":false,"excerpt":"\r Investment in Hong Kong commercial property this year is likely to fall 65 per cent year on year to HK$26 billion (US$3.33 billion), a 15-year low, as a slow economic recovery in the city and mainland China as well as elevated interest rates weigh on sentiment, Colliers says.\r \r\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115634,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-investment-sales-to-grow-5-per-annum-in-2019-2024\/","url_meta":{"origin":115314,"position":4},"title":"Singapore investment sales to grow 5% per annum in 2019-2024","date":"April 15, 2020","format":false,"excerpt":"\r Property investment sales in Singapore is projected to grow 5% per year in the longer term over 2019 to 2024 even as this year\u2019s sales is expected to drop 24% year-on-year, revealed a Colliers International report. The Ministry of Trade and Industry\u2019s (MTI) advance estimates showed that the city-state\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113989,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-investment-sales-plunged-70-in-q4-2019\/","url_meta":{"origin":115314,"position":5},"title":"Residential investment sales plunged 70% in Q4 2019","date":"January 31, 2020","format":false,"excerpt":"\r Singapore saw investment sales for residential properties drop 70% quarter-on-quarter to $929 million during the fourth quarter of 2019, due to the lack of sizable public land sales. For the whole of 2019, residential investment sales fell 63% year-on-year to $6.8 billion, revealed Colliers International. Despite the decline, Colliers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115314"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=115314"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115314\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}