, Singapore

Sluggish private consumption to worsen as property prices slip further

The economy is in for a rough year.

A continuing weakness in the residential property market is expected to exacerbate the country’s stagnant private consumption.

According to HSBC, private consumption is expected to be a slight drag on growth, which can be worsened by an anticipated 5-10% decline in property prices in 2015.

However, this can be offset which can be offset by increased government spending brought about by Singapore’s 50th anniversary.

Public infrastructure projects may also help, while non-oil domestic exports and net export growth are also expected to improve marginally. 

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.