Mid-year mania: Home prices to dip 15% by mid-2015

On back of a supply glut.

The rising risk of a flat oversupply and the US Fed’s expected interest rate hike will cause home prices to decline more quickly towards the end of the year.

According to Barclays, the outlook for the domestic residential sector remains bleak as prices continue to fall and sales volumes remain depressed.

“We reiterate our negative stance on Singapore’s residential sector and expect home price declines to accelerate towards the end of 2015 as we see a risk of rising unsold inventory and a potential interest hike. We continue to believe the government will only start unwinding measures when prices fall a cumulative steeper 10-15%, perhaps in mid-2015,” stated Barclays. 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Top News

Singapore payments to hit $114b by 2030
Transaction value reached $39b in 2023 and is projected to grow 16.3% annually.
Cards & Payments