This is BAD ... The URA Q3 Report
Video description from @singaporepropertypro
Understanding the URA Q3 2024 Report: Insights on Private Home Prices, HDB Market, and Property Outlook☎️Call PETE 97999188 to Learn More
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In this video, we break down the key findings of the URA Q3 2024 report, highlighting crucial market trends and what they mean for homeowners, investors, and potential buyers in Singapore’s property market.
Key Topics Covered:
• Private Home Prices: Discover why private home prices in Singapore declined by 1.1% in Q3 2024 and what this trend could mean for property owners and buyers.
• Future Market Trends: Gain insights into the projected 2.5% to 3% growth in private home prices for the full year, compared to 2023’s growth of 6.8%.
• HDB Market Resilience: Learn how HDB resale prices continue to rise despite new cooling measures, with Q3 showing an 18th consecutive price increase.
• Resale Market Activity: Find out how 8,000+ resale transactions in Q3 are driving the market and why current HDB owners might consider upgrading.
• New Launch Success: Explore the surprising performance of the Maya Blue launch, and how interest rate declines may be fueling demand and price increases.
We also discuss the impact of interest rates on property demand and why developers may be considering price hikes in the near future. Whether you’re a homeowner, investor, or looking to upgrade, this video offers essential insights into navigating Singapore’s real estate market in 2024.
