Singapore Home Prices Grow the Least Since 2020 as Boom Eases

Bloomberg2023-01-27

Private home values grew 8.6% in 2022; rose 0.4% last quarterSupply crunch, high interest rates contributed to slowdownResidential buildings in Singapore. Photographer: Lionel Ng/BloombergSingapore ...

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Comments

Seah CL
2023-01-28
Seah CL
K
LEESIMON
2023-01-27
LEESIMON
‌[爱心] ‌Will perform
LimBT
2023-01-27
LimBT
Ok
V.lye
2023-01-27
V.lye
K
LunaQuek
2023-01-27
LunaQuek
Singapore Home Price grow too fast in past few months especially HDB flats.

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107

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Photographer: Lionel Ng/BloombergSingapore ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-27/singapore-home-prices-grow-the-least-since-2020-as-boom-eases?srnd=premium-asia\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Home Prices Grow the Least Since 2020 as Boom Eases</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Home Prices Grow the Least Since 2020 as Boom Eases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-27 09:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-27/singapore-home-prices-grow-the-least-since-2020-as-boom-eases?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Private home values grew 8.6% in 2022; rose 0.4% last quarterSupply crunch, high interest rates contributed to slowdownResidential buildings in Singapore. Photographer: Lionel Ng/BloombergSingapore ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-27/singapore-home-prices-grow-the-least-since-2020-as-boom-eases?srnd=premium-asia\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STI.SI","symbol_name":"富时新加坡海峡指数","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2023-01-27/singapore-home-prices-grow-the-least-since-2020-as-boom-eases?srnd=premium-asia","article_id":"1129810073","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1129810073","pubTimestamp":1674781916,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Private home values grew 8.6% in 2022; rose 0.4% last quarterSupply crunch, high interest rates cont","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"translate_title":"随着繁荣放缓，新加坡房价涨幅为2020年以来最低","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STI.SI":0.9},"content_text":"Private home values grew 8.6% in 2022; rose 0.4% last quarterSupply crunch, high interest rates contributed to slowdownResidential buildings in Singapore. Photographer: Lionel Ng/BloombergSingapore home prices grew at the slowest pace in more than two years in the fourth quarter of 2022, a sign that the property boom is starting to moderate as supply dwindles and interest rates climb.Private property values rose 0.4%, Urban Redevelopment Authority Figures showed Friday. That compares with the preliminary estimate of 0.2%, and marks the weakest growth since the second quarter of 2020. For the full year, prices climbed 8.6%.The slowdown comes on the back of a tight supply of private homes, cooling measures announced in September, and rising borrowing costs that caused sales to drop to a 14-year low in December. Still, Singapore’s growing property market appears more resilient than the likes of Canada and Sweden, which have been harmed by more aggressive rate hikes.The latest housing curbs led to a “knee-jerk effect on prices and volumes in the fourth quarter, and the market will need time to adjust,” said Wong Xian Yang, Cushman & Wakefield Plc’s Singapore head of research. The market took a similar breather at the start of 2022, after earlier tightening measures were introduced.Private rents are also expected to rise at a slower pace this year as thesupplyof new homes picks up, easing a crunch for tenants. The first three quarters of 2022 saw rents surge almost 21%. Housing affordability and living costs are some of the top concerns for Singaporeans, according to a poll by YouGov Plc.“Despite the influx of new supply in the form of development launches and units completing, more is needed to meet demand,” Nicholas Keong, head of private office at brokerage Knight Frank Singapore, said in a note. He forecasts price growth of 5% this year, “despite the current economic climate and potential challenges ahead underpinned by low supply, and strong underlying demand.”","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9952570347,"gmtCreate":1674856209890,"gmtModify":1676538962468,"author":{"id":"4102135564535180","authorId":"4102135564535180","name":"Seah CL","avatar":"https://community-static.tradeup.com/news/970bca7b04e85a42a2c8eabed7ec96d0","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952570347","repostId":1129810073,"repostType":4,"repost":{"id":"1129810073","pubTimestamp":1674781916,"share":"https://www.laohu8.com/m/news/1129810073?lang=&edition=full","pubTime":"2023-01-27 09:11","market":"sg","language":"en","title":"Singapore Home Prices Grow the Least Since 2020 as Boom Eases","url":"https://stock-news.laohu8.com/highlight/detail?id=1129810073","media":"Bloomberg","summary":"Private home values grew 8.6% in 2022; rose 0.4% last quarterSupply crunch, high interest rates cont","content":"<html><head></head><body><ul><li>Private home values grew 8.6% in 2022; rose 0.4% last quarter</li><li>Supply crunch, high interest rates contributed to slowdown</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1d812f4f8430059095682c35f0dcbd41\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>Residential buildings in Singapore. Photographer: Lionel Ng/Bloomberg</span></p><p>Singapore home prices grew at the slowest pace in more than two years in the fourth quarter of 2022, a sign that the property boom is starting to moderate as supply dwindles and interest rates climb.</p><p>Private property values rose 0.4%, Urban Redevelopment Authority Figures showed Friday. That compares with the preliminary estimate of 0.2%, and marks the weakest growth since the second quarter of 2020. For the full year, prices climbed 8.6%.</p><p>The slowdown comes on the back of a tight supply of private homes, cooling measures announced in September, and rising borrowing costs that caused sales to drop to a 14-year low in December. Still, Singapore’s growing property market appears more resilient than the likes of Canada and Sweden, which have been harmed by more aggressive rate hikes.</p><p>The latest housing curbs led to a “knee-jerk effect on prices and volumes in the fourth quarter, and the market will need time to adjust,” said Wong Xian Yang, Cushman &amp; Wakefield Plc’s Singapore head of research. The market took a similar breather at the start of 2022, after earlier tightening measures were introduced.</p><p>Private rents are also expected to rise at a slower pace this year as thesupplyof new homes picks up, easing a crunch for tenants. The first three quarters of 2022 saw rents surge almost 21%. Housing affordability and living costs are some of the top concerns for Singaporeans, according to a poll by YouGov Plc.</p><p>“Despite the influx of new supply in the form of development launches and units completing, more is needed to meet demand,” Nicholas Keong, head of private office at brokerage Knight Frank Singapore, said in a note. He forecasts price growth of 5% this year, “despite the current economic climate and potential challenges ahead underpinned by low supply, and strong underlying demand.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Home Prices Grow the Least Since 2020 as Boom Eases</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Home Prices Grow the Least Since 2020 as Boom Eases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-27 09:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-27/singapore-home-prices-grow-the-least-since-2020-as-boom-eases?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Private home values grew 8.6% in 2022; rose 0.4% last quarterSupply crunch, high interest rates contributed to slowdownResidential buildings in Singapore. Photographer: Lionel Ng/BloombergSingapore ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-27/singapore-home-prices-grow-the-least-since-2020-as-boom-eases?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-27/singapore-home-prices-grow-the-least-since-2020-as-boom-eases?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129810073","content_text":"Private home values grew 8.6% in 2022; rose 0.4% last quarterSupply crunch, high interest rates contributed to slowdownResidential buildings in Singapore. Photographer: Lionel Ng/BloombergSingapore home prices grew at the slowest pace in more than two years in the fourth quarter of 2022, a sign that the property boom is starting to moderate as supply dwindles and interest rates climb.Private property values rose 0.4%, Urban Redevelopment Authority Figures showed Friday. That compares with the preliminary estimate of 0.2%, and marks the weakest growth since the second quarter of 2020. For the full year, prices climbed 8.6%.The slowdown comes on the back of a tight supply of private homes, cooling measures announced in September, and rising borrowing costs that caused sales to drop to a 14-year low in December. Still, Singapore’s growing property market appears more resilient than the likes of Canada and Sweden, which have been harmed by more aggressive rate hikes.The latest housing curbs led to a “knee-jerk effect on prices and volumes in the fourth quarter, and the market will need time to adjust,” said Wong Xian Yang, Cushman & Wakefield Plc’s Singapore head of research. The market took a similar breather at the start of 2022, after earlier tightening measures were introduced.Private rents are also expected to rise at a slower pace this year as thesupplyof new homes picks up, easing a crunch for tenants. The first three quarters of 2022 saw rents surge almost 21%. Housing affordability and living costs are some of the top concerns for Singaporeans, according to a poll by YouGov Plc.“Despite the influx of new supply in the form of development launches and units completing, more is needed to meet demand,” Nicholas Keong, head of private office at brokerage Knight Frank Singapore, said in a note. He forecasts price growth of 5% this year, “despite the current economic climate and potential challenges ahead underpinned by low supply, and strong underlying demand.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9952538935,"gmtCreate":1674798008427,"gmtModify":1676538959585,"author":{"id":"3579044609497336","authorId":"3579044609497336","name":"LEESIMON","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":7,"crmLevelSwitch":1},"htmlText":"‌<a href=\"\">[爱心]&nbsp;</a>‌Will perform","listText":"‌<a href=\"\">[爱心]&nbsp;</a>‌Will perform","text":"‌[爱心] ‌Will perform","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952538935","repostId":1129810073,"repostType":4,"repost":{"id":"1129810073","pubTimestamp":1674781916,"share":"https://www.laohu8.com/m/news/1129810073?lang=&edition=full","pubTime":"2023-01-27 09:11","market":"sg","language":"en","title":"Singapore Home Prices Grow the Least Since 2020 as Boom Eases","url":"https://stock-news.laohu8.com/highlight/detail?id=1129810073","media":"Bloomberg","summary":"Private home values grew 8.6% in 2022; rose 0.4% last quarterSupply crunch, high interest rates cont","content":"<html><head></head><body><ul><li>Private home values grew 8.6% in 2022; rose 0.4% last quarter</li><li>Supply crunch, high interest rates contributed to slowdown</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1d812f4f8430059095682c35f0dcbd41\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>Residential buildings in Singapore. Photographer: Lionel Ng/Bloomberg</span></p><p>Singapore home prices grew at the slowest pace in more than two years in the fourth quarter of 2022, a sign that the property boom is starting to moderate as supply dwindles and interest rates climb.</p><p>Private property values rose 0.4%, Urban Redevelopment Authority Figures showed Friday. That compares with the preliminary estimate of 0.2%, and marks the weakest growth since the second quarter of 2020. For the full year, prices climbed 8.6%.</p><p>The slowdown comes on the back of a tight supply of private homes, cooling measures announced in September, and rising borrowing costs that caused sales to drop to a 14-year low in December. Still, Singapore’s growing property market appears more resilient than the likes of Canada and Sweden, which have been harmed by more aggressive rate hikes.</p><p>The latest housing curbs led to a “knee-jerk effect on prices and volumes in the fourth quarter, and the market will need time to adjust,” said Wong Xian Yang, Cushman &amp; Wakefield Plc’s Singapore head of research. The market took a similar breather at the start of 2022, after earlier tightening measures were introduced.</p><p>Private rents are also expected to rise at a slower pace this year as thesupplyof new homes picks up, easing a crunch for tenants. The first three quarters of 2022 saw rents surge almost 21%. Housing affordability and living costs are some of the top concerns for Singaporeans, according to a poll by YouGov Plc.</p><p>“Despite the influx of new supply in the form of development launches and units completing, more is needed to meet demand,” Nicholas Keong, head of private office at brokerage Knight Frank Singapore, said in a note. He forecasts price growth of 5% this year, “despite the current economic climate and potential challenges ahead underpinned by low supply, and strong underlying demand.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Home Prices Grow the Least Since 2020 as Boom Eases</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Home Prices Grow the Least Since 2020 as Boom Eases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-27 09:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-27/singapore-home-prices-grow-the-least-since-2020-as-boom-eases?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Private home values grew 8.6% in 2022; rose 0.4% last quarterSupply crunch, high interest rates contributed to slowdownResidential buildings in Singapore. Photographer: Lionel Ng/BloombergSingapore ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-27/singapore-home-prices-grow-the-least-since-2020-as-boom-eases?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-27/singapore-home-prices-grow-the-least-since-2020-as-boom-eases?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129810073","content_text":"Private home values grew 8.6% in 2022; rose 0.4% last quarterSupply crunch, high interest rates contributed to slowdownResidential buildings in Singapore. Photographer: Lionel Ng/BloombergSingapore home prices grew at the slowest pace in more than two years in the fourth quarter of 2022, a sign that the property boom is starting to moderate as supply dwindles and interest rates climb.Private property values rose 0.4%, Urban Redevelopment Authority Figures showed Friday. That compares with the preliminary estimate of 0.2%, and marks the weakest growth since the second quarter of 2020. For the full year, prices climbed 8.6%.The slowdown comes on the back of a tight supply of private homes, cooling measures announced in September, and rising borrowing costs that caused sales to drop to a 14-year low in December. Still, Singapore’s growing property market appears more resilient than the likes of Canada and Sweden, which have been harmed by more aggressive rate hikes.The latest housing curbs led to a “knee-jerk effect on prices and volumes in the fourth quarter, and the market will need time to adjust,” said Wong Xian Yang, Cushman & Wakefield Plc’s Singapore head of research. The market took a similar breather at the start of 2022, after earlier tightening measures were introduced.Private rents are also expected to rise at a slower pace this year as thesupplyof new homes picks up, easing a crunch for tenants. The first three quarters of 2022 saw rents surge almost 21%. Housing affordability and living costs are some of the top concerns for Singaporeans, according to a poll by YouGov Plc.“Despite the influx of new supply in the form of development launches and units completing, more is needed to meet demand,” Nicholas Keong, head of private office at brokerage Knight Frank Singapore, said in a note. He forecasts price growth of 5% this year, “despite the current economic climate and potential challenges ahead underpinned by low supply, and strong underlying demand.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9952247483,"gmtCreate":1674784006543,"gmtModify":1676538958425,"author":{"id":"4134278158747952","authorId":"4134278158747952","name":"LimBT","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952247483","repostId":1129810073,"repostType":4,"repost":{"id":"1129810073","pubTimestamp":1674781916,"share":"https://www.laohu8.com/m/news/1129810073?lang=&edition=full","pubTime":"2023-01-27 09:11","market":"sg","language":"en","title":"Singapore Home Prices Grow the Least Since 2020 as Boom Eases","url":"https://stock-news.laohu8.com/highlight/detail?id=1129810073","media":"Bloomberg","summary":"Private home values grew 8.6% in 2022; rose 0.4% last quarterSupply crunch, high interest rates cont","content":"<html><head></head><body><ul><li>Private home values grew 8.6% in 2022; rose 0.4% last quarter</li><li>Supply crunch, high interest rates contributed to slowdown</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1d812f4f8430059095682c35f0dcbd41\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>Residential buildings in Singapore. Photographer: Lionel Ng/Bloomberg</span></p><p>Singapore home prices grew at the slowest pace in more than two years in the fourth quarter of 2022, a sign that the property boom is starting to moderate as supply dwindles and interest rates climb.</p><p>Private property values rose 0.4%, Urban Redevelopment Authority Figures showed Friday. That compares with the preliminary estimate of 0.2%, and marks the weakest growth since the second quarter of 2020. For the full year, prices climbed 8.6%.</p><p>The slowdown comes on the back of a tight supply of private homes, cooling measures announced in September, and rising borrowing costs that caused sales to drop to a 14-year low in December. Still, Singapore’s growing property market appears more resilient than the likes of Canada and Sweden, which have been harmed by more aggressive rate hikes.</p><p>The latest housing curbs led to a “knee-jerk effect on prices and volumes in the fourth quarter, and the market will need time to adjust,” said Wong Xian Yang, Cushman &amp; Wakefield Plc’s Singapore head of research. The market took a similar breather at the start of 2022, after earlier tightening measures were introduced.</p><p>Private rents are also expected to rise at a slower pace this year as thesupplyof new homes picks up, easing a crunch for tenants. The first three quarters of 2022 saw rents surge almost 21%. Housing affordability and living costs are some of the top concerns for Singaporeans, according to a poll by YouGov Plc.</p><p>“Despite the influx of new supply in the form of development launches and units completing, more is needed to meet demand,” Nicholas Keong, head of private office at brokerage Knight Frank Singapore, said in a note. He forecasts price growth of 5% this year, “despite the current economic climate and potential challenges ahead underpinned by low supply, and strong underlying demand.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Home Prices Grow the Least Since 2020 as Boom Eases</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Home Prices Grow the Least Since 2020 as Boom Eases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-27 09:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-27/singapore-home-prices-grow-the-least-since-2020-as-boom-eases?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Private home values grew 8.6% in 2022; rose 0.4% last quarterSupply crunch, high interest rates contributed to slowdownResidential buildings in Singapore. Photographer: Lionel Ng/BloombergSingapore ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-27/singapore-home-prices-grow-the-least-since-2020-as-boom-eases?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-27/singapore-home-prices-grow-the-least-since-2020-as-boom-eases?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129810073","content_text":"Private home values grew 8.6% in 2022; rose 0.4% last quarterSupply crunch, high interest rates contributed to slowdownResidential buildings in Singapore. Photographer: Lionel Ng/BloombergSingapore home prices grew at the slowest pace in more than two years in the fourth quarter of 2022, a sign that the property boom is starting to moderate as supply dwindles and interest rates climb.Private property values rose 0.4%, Urban Redevelopment Authority Figures showed Friday. That compares with the preliminary estimate of 0.2%, and marks the weakest growth since the second quarter of 2020. For the full year, prices climbed 8.6%.The slowdown comes on the back of a tight supply of private homes, cooling measures announced in September, and rising borrowing costs that caused sales to drop to a 14-year low in December. Still, Singapore’s growing property market appears more resilient than the likes of Canada and Sweden, which have been harmed by more aggressive rate hikes.The latest housing curbs led to a “knee-jerk effect on prices and volumes in the fourth quarter, and the market will need time to adjust,” said Wong Xian Yang, Cushman & Wakefield Plc’s Singapore head of research. The market took a similar breather at the start of 2022, after earlier tightening measures were introduced.Private rents are also expected to rise at a slower pace this year as thesupplyof new homes picks up, easing a crunch for tenants. The first three quarters of 2022 saw rents surge almost 21%. Housing affordability and living costs are some of the top concerns for Singaporeans, according to a poll by YouGov Plc.“Despite the influx of new supply in the form of development launches and units completing, more is needed to meet demand,” Nicholas Keong, head of private office at brokerage Knight Frank Singapore, said in a note. He forecasts price growth of 5% this year, “despite the current economic climate and potential challenges ahead underpinned by low supply, and strong underlying demand.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9952247507,"gmtCreate":1674783937210,"gmtModify":1676538958409,"author":{"id":"4088902048392220","authorId":"4088902048392220","name":"V.lye","avatar":"https://static.tigerbbs.com/7233306780623a2802ebfc0893c0cc52","vip":1,"crmLevel":5,"crmLevelSwitch":1},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952247507","repostId":1129810073,"repostType":4,"repost":{"id":"1129810073","pubTimestamp":1674781916,"share":"https://www.laohu8.com/m/news/1129810073?lang=&edition=full","pubTime":"2023-01-27 09:11","market":"sg","language":"en","title":"Singapore Home Prices Grow the Least Since 2020 as Boom Eases","url":"https://stock-news.laohu8.com/highlight/detail?id=1129810073","media":"Bloomberg","summary":"Private home values grew 8.6% in 2022; rose 0.4% last quarterSupply crunch, high interest rates cont","content":"<html><head></head><body><ul><li>Private home values grew 8.6% in 2022; rose 0.4% last quarter</li><li>Supply crunch, high interest rates contributed to slowdown</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1d812f4f8430059095682c35f0dcbd41\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>Residential buildings in Singapore. Photographer: Lionel Ng/Bloomberg</span></p><p>Singapore home prices grew at the slowest pace in more than two years in the fourth quarter of 2022, a sign that the property boom is starting to moderate as supply dwindles and interest rates climb.</p><p>Private property values rose 0.4%, Urban Redevelopment Authority Figures showed Friday. That compares with the preliminary estimate of 0.2%, and marks the weakest growth since the second quarter of 2020. For the full year, prices climbed 8.6%.</p><p>The slowdown comes on the back of a tight supply of private homes, cooling measures announced in September, and rising borrowing costs that caused sales to drop to a 14-year low in December. Still, Singapore’s growing property market appears more resilient than the likes of Canada and Sweden, which have been harmed by more aggressive rate hikes.</p><p>The latest housing curbs led to a “knee-jerk effect on prices and volumes in the fourth quarter, and the market will need time to adjust,” said Wong Xian Yang, Cushman &amp; Wakefield Plc’s Singapore head of research. The market took a similar breather at the start of 2022, after earlier tightening measures were introduced.</p><p>Private rents are also expected to rise at a slower pace this year as thesupplyof new homes picks up, easing a crunch for tenants. The first three quarters of 2022 saw rents surge almost 21%. Housing affordability and living costs are some of the top concerns for Singaporeans, according to a poll by YouGov Plc.</p><p>“Despite the influx of new supply in the form of development launches and units completing, more is needed to meet demand,” Nicholas Keong, head of private office at brokerage Knight Frank Singapore, said in a note. He forecasts price growth of 5% this year, “despite the current economic climate and potential challenges ahead underpinned by low supply, and strong underlying demand.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Home Prices Grow the Least Since 2020 as Boom Eases</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Home Prices Grow the Least Since 2020 as Boom Eases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-27 09:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-27/singapore-home-prices-grow-the-least-since-2020-as-boom-eases?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Private home values grew 8.6% in 2022; rose 0.4% last quarterSupply crunch, high interest rates contributed to slowdownResidential buildings in Singapore. Photographer: Lionel Ng/BloombergSingapore ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-27/singapore-home-prices-grow-the-least-since-2020-as-boom-eases?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-27/singapore-home-prices-grow-the-least-since-2020-as-boom-eases?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129810073","content_text":"Private home values grew 8.6% in 2022; rose 0.4% last quarterSupply crunch, high interest rates contributed to slowdownResidential buildings in Singapore. Photographer: Lionel Ng/BloombergSingapore home prices grew at the slowest pace in more than two years in the fourth quarter of 2022, a sign that the property boom is starting to moderate as supply dwindles and interest rates climb.Private property values rose 0.4%, Urban Redevelopment Authority Figures showed Friday. That compares with the preliminary estimate of 0.2%, and marks the weakest growth since the second quarter of 2020. For the full year, prices climbed 8.6%.The slowdown comes on the back of a tight supply of private homes, cooling measures announced in September, and rising borrowing costs that caused sales to drop to a 14-year low in December. Still, Singapore’s growing property market appears more resilient than the likes of Canada and Sweden, which have been harmed by more aggressive rate hikes.The latest housing curbs led to a “knee-jerk effect on prices and volumes in the fourth quarter, and the market will need time to adjust,” said Wong Xian Yang, Cushman & Wakefield Plc’s Singapore head of research. The market took a similar breather at the start of 2022, after earlier tightening measures were introduced.Private rents are also expected to rise at a slower pace this year as thesupplyof new homes picks up, easing a crunch for tenants. The first three quarters of 2022 saw rents surge almost 21%. Housing affordability and living costs are some of the top concerns for Singaporeans, according to a poll by YouGov Plc.“Despite the influx of new supply in the form of development launches and units completing, more is needed to meet demand,” Nicholas Keong, head of private office at brokerage Knight Frank Singapore, said in a note. He forecasts price growth of 5% this year, “despite the current economic climate and potential challenges ahead underpinned by low supply, and strong underlying demand.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9952245140,"gmtCreate":1674783055980,"gmtModify":1676538958285,"author":{"id":"4097627336182880","authorId":"4097627336182880","name":"LunaQuek","avatar":"https://community-static.tradeup.com/news/9363b2886334af364d2cc99d6cc12765","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":1},"htmlText":"Singapore Home Price grow too fast in past few months especially HDB flats.&nbsp;","listText":"Singapore Home Price grow too fast in past few months especially HDB flats.&nbsp;","text":"Singapore Home Price grow too fast in past few months especially HDB flats.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952245140","repostId":1129810073,"repostType":4,"repost":{"id":"1129810073","pubTimestamp":1674781916,"share":"https://www.laohu8.com/m/news/1129810073?lang=&edition=full","pubTime":"2023-01-27 09:11","market":"sg","language":"en","title":"Singapore Home Prices Grow the Least Since 2020 as Boom Eases","url":"https://stock-news.laohu8.com/highlight/detail?id=1129810073","media":"Bloomberg","summary":"Private home values grew 8.6% in 2022; rose 0.4% last quarterSupply crunch, high interest rates cont","content":"<html><head></head><body><ul><li>Private home values grew 8.6% in 2022; rose 0.4% last quarter</li><li>Supply crunch, high interest rates contributed to slowdown</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1d812f4f8430059095682c35f0dcbd41\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>Residential buildings in Singapore. Photographer: Lionel Ng/Bloomberg</span></p><p>Singapore home prices grew at the slowest pace in more than two years in the fourth quarter of 2022, a sign that the property boom is starting to moderate as supply dwindles and interest rates climb.</p><p>Private property values rose 0.4%, Urban Redevelopment Authority Figures showed Friday. That compares with the preliminary estimate of 0.2%, and marks the weakest growth since the second quarter of 2020. For the full year, prices climbed 8.6%.</p><p>The slowdown comes on the back of a tight supply of private homes, cooling measures announced in September, and rising borrowing costs that caused sales to drop to a 14-year low in December. Still, Singapore’s growing property market appears more resilient than the likes of Canada and Sweden, which have been harmed by more aggressive rate hikes.</p><p>The latest housing curbs led to a “knee-jerk effect on prices and volumes in the fourth quarter, and the market will need time to adjust,” said Wong Xian Yang, Cushman &amp; Wakefield Plc’s Singapore head of research. The market took a similar breather at the start of 2022, after earlier tightening measures were introduced.</p><p>Private rents are also expected to rise at a slower pace this year as thesupplyof new homes picks up, easing a crunch for tenants. The first three quarters of 2022 saw rents surge almost 21%. Housing affordability and living costs are some of the top concerns for Singaporeans, according to a poll by YouGov Plc.</p><p>“Despite the influx of new supply in the form of development launches and units completing, more is needed to meet demand,” Nicholas Keong, head of private office at brokerage Knight Frank Singapore, said in a note. He forecasts price growth of 5% this year, “despite the current economic climate and potential challenges ahead underpinned by low supply, and strong underlying demand.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Home Prices Grow the Least Since 2020 as Boom Eases</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Home Prices Grow the Least Since 2020 as Boom Eases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-27 09:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-27/singapore-home-prices-grow-the-least-since-2020-as-boom-eases?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Private home values grew 8.6% in 2022; rose 0.4% last quarterSupply crunch, high interest rates contributed to slowdownResidential buildings in Singapore. Photographer: Lionel Ng/BloombergSingapore ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-27/singapore-home-prices-grow-the-least-since-2020-as-boom-eases?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-27/singapore-home-prices-grow-the-least-since-2020-as-boom-eases?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129810073","content_text":"Private home values grew 8.6% in 2022; rose 0.4% last quarterSupply crunch, high interest rates contributed to slowdownResidential buildings in Singapore. Photographer: Lionel Ng/BloombergSingapore home prices grew at the slowest pace in more than two years in the fourth quarter of 2022, a sign that the property boom is starting to moderate as supply dwindles and interest rates climb.Private property values rose 0.4%, Urban Redevelopment Authority Figures showed Friday. That compares with the preliminary estimate of 0.2%, and marks the weakest growth since the second quarter of 2020. For the full year, prices climbed 8.6%.The slowdown comes on the back of a tight supply of private homes, cooling measures announced in September, and rising borrowing costs that caused sales to drop to a 14-year low in December. Still, Singapore’s growing property market appears more resilient than the likes of Canada and Sweden, which have been harmed by more aggressive rate hikes.The latest housing curbs led to a “knee-jerk effect on prices and volumes in the fourth quarter, and the market will need time to adjust,” said Wong Xian Yang, Cushman & Wakefield Plc’s Singapore head of research. The market took a similar breather at the start of 2022, after earlier tightening measures were introduced.Private rents are also expected to rise at a slower pace this year as thesupplyof new homes picks up, easing a crunch for tenants. The first three quarters of 2022 saw rents surge almost 21%. Housing affordability and living costs are some of the top concerns for Singaporeans, according to a poll by YouGov Plc.“Despite the influx of new supply in the form of development launches and units completing, more is needed to meet demand,” Nicholas Keong, head of private office at brokerage Knight Frank Singapore, said in a note. He forecasts price growth of 5% this year, “despite the current economic climate and potential challenges ahead underpinned by low supply, and strong underlying demand.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":107,"commentSize":5,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1129810073"}