by OrangeTee & Tie Pte Ltd.

Private residential prices may increase even after new cooling measures

OT Research Reports

The price of private residential properties may continue to grow even after the imposition of new cooling measures, with prices projected to rise between 9% to 11% in 2022, according to a report by OrangeTee & Tie.

Around 21,500 to 23,000 private homes excluding executive condominiums are expected to be sold in 2022.

For 2023, the price growth will range from 5% to 8%, with sales volume expected between 19,000 to 25,000.

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