{"id":67434,"date":"2017-09-26T10:34:28","date_gmt":"2017-09-26T03:34:28","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/49-of-sporeans-aspire-to-buy-property-in-near-future\/"},"modified":"2017-09-26T11:04:04","modified_gmt":"2017-09-26T04:04:04","slug":"49-of-sporeans-aspire-to-buy-property-in-near-future","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/49-of-sporeans-aspire-to-buy-property-in-near-future\/","title":{"rendered":"49% of S\u2019poreans aspire to buy property in near future"},"content":{"rendered":"


\nProperty affordability sentiment is still subdued in Singapore.
\nNearly five in 10 Singaporeans intend to purchase a residential property in the near future, according to PropertyGuru\u2019s Regional Consumer Sentiment Survey for H1 2017.
\nAlthough the home purchase sentiment in the city-state is higher than Thailand\u2019s 43 percent, it is lower than Malaysia and Indonesia with 52 percent and 60 percent respectively.
\nDespite the positive purchase intent, property seekers continue to worry over prices, with the property affordability sentiment here remaining at 29 from the previous survey in H2 2016. It was also unchanged in Thailand (34) and Indonesia (52), while Malaysia posted a slight increase to 38.
\n\u201cIn Singapore, we see that intent to purchase homes remain strong, but consumers continue to express concern on their ability to afford homes. Even as the Singapore real estate market looks to recover in 2018, concerns with affordability are likely to continue to hobble the absorption of supply,\u201d said PropertyGuru Group\u2019s CEO Hari V Krishnan.
\nMeanwhile, the study revealed that people from Singapore are open to both new and resale houses, while those from the three other Southeast Asian markets have a penchant for new units. In terms of key considerations, the respondents named location and the area\u2019s security among the top factors influencing their purchase decision.
\nPropertyGuru\u2019s latest survey involved more than 3,100 respondents across Singapore, Malaysia, Thailand and Indonesia.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…49% of S\u2019poreans aspire to buy property in near future<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Property affordability sentiment is still subdued in Singapore. Nearly five in 10 Singaporeans intend to...<\/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-67434","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-hxE","jetpack-related-posts":[{"id":70095,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guru-view-a-look-back-at-affordability\/","url_meta":{"origin":67434,"position":0},"title":"The Guru View: A look back at affordability","date":"October 26, 2017","format":false,"excerpt":"\r Home sellers have been bringing down their asking prices to accommodate buyers\u2019 budgets. 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