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.