Private Home Prices jump 10.6% last year

In 2021, property prices shot up to 10.6%, the biggest annual increase since 17.6% surge in 2010.

Data from URA

Prices are expected to grow another 1%-4% because of record-low unsold inventory and a limited new launches pipeline, analysts say.

Demand for new homes in 2022 is still going strong. Sceneca Residence is one of the current new launches that is in the strong demand. Book an appointment to visit Sceneca Residence Showroom

Summary:

Source: Straits Times

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