, Singapore
106 views

Chart of the day: Median price for non-landed homes dips to $1.2m in May

This is said to indicate a rise in demand for more affordable units.

This chart from Propnex research shows that the median transacted price for non-landed homes dipped to $1.2m in May from $1.4m in January based on Realis data.

This is said to possibly indicate an increase in demand for more affordable units.

PropNex notes that it does not expect a sharp drop in prices given developers’ holding power and with households generally not over-leveraged for property purchase. In addition, the deferment of loan payments allowed by banks and low interest rates would support home financing.

The risk of fire sale remains low, and PropNex projects that overall private home prices could fall by up to 3% for FY2020 as the pandemic drags on.
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.