Today's news selection contains the latest real estate related stories. Do you own a real estate/property/finance blog or news site? Send the URL to [email protected] so our editors can use them as sources.
Over-all sales declined to 2,148 from 9,912.
The unemployment rate rose 1 percentage point (ppt) Q1 to 2.4% compared to 2019, as overall sales of private new homes declined from 9,912 to 2,148 over the same period.
In view of the weak economic outlook, a key downside risk on home demand and prices is the unemployment rate in Singapore as job and income security have been a rising concern in a pandemic-hit world. Data showed that unemployment rate correlates closely with home purchase, barring some exceptions.
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- Boustead Singapore posts 11% rise in 2H20 earnings to $18.5 mil, achieving "commendable" results under "tough business environment", says CEO Wong
- Should “Sandwiched Singaporeans” Rent First, Or Buy The Cheapest Condo They Can Afford?
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About Agent.sg Daily Property News Selection
Agent.sg's Daily Property News Selection brings you the most important property market news in and around Singapore. We list the best articles on real estate development, property investment and on the property listing market on a daily basis - whoever stays out, misses out.
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