Why analyst thinks it's premature to lift Singapore property curbs

Developers unlikely to lower prices.

According to Savills, against this price drop, there have been suggestions from the industry to fine-tune or lift some of the cooling measures in order to reduce the risk of impairing market sentiment.

Savills, however, believes it maybe premature for any such actions to be taken, as many mass-market and mid-tier projects are in the hands of financially strong developers who are unlikely to lower prices below comparable benchmarks just to clear their stock.

Here's more:

According to the URA, the quarterly price index for private residential properties dipped 0.9% in Q4/2013, registering the first decline since Q1/2012. By market segment, prices of non-landed private residential properties dropped in the CCR (2.1%) and OCR (1.0%). Prices in the RCR, however, inched up marginally by 0.8%.

The average price of high-end non-landed homes tracked by Savills continued to soften by 0.8% QoQ to S$2,378 per sq ft, the third consecutive quarterly decline since Q1/2013.

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.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia