Freelance Research Analyst

Tay Hock Meng

Thematic (Sector/Industry)

Singapore Real estate / Thematic (Sector/Industry)

Residential properties in Singapore suffered its 10th consecutive quarterly decline in prices as shown in the latest flash estimates by the Urban Redevelopment Authority (URA). The overall quarterly private residential property price index declined by 0.7% in 1Q2016 ending March 31, 2016 compared to a 0.5% decline in the final quarter of 2015. Overall, from its peaks in 2013, residential property prices have declined by almost 9%. The successive rounds of residential property price declines are expected to continue given that the Finance Minister, Heng Swee Kiat has ruled out any removal of property cooling measures as per the Budget 2016 statement he made in Parliament on March 24.

Residential properties in Singapore suffered its 10th consecutive quarterly decline in prices as shown in the latest flash estimates by the Urban Redevelopment Authority (URA). The overall quarterly private residential property price index declined by 0.7% in 1Q2016 ending March 31, 2016 compared to a 0.5% decline in the final quarter of 2015. Overall, from its peaks in 2013, residential property prices have declined by almost 9%. The successive rounds of residential property price declines are expected to continue given that the Finance Minister, Heng Swee Kiat has ruled out any removal of property cooling measures as per the Budget 2016 statement he made in Parliament on March 24.  

Capitaland Integrated Commercial Trust (CICT SP)

Mapletree Pan Asia Commercial Trust (MCT SP)

Mapletree North Asia Commercial Trust (MAGIC SP)

Ying Li International Real Estate Ltd (YINGLI SP)

Lippo Malls Indonesia Retail Trust (LMRT SP)

Soilbuild Business Space REIT (SBREIT SP)

Pacific Century Regional Developments (PAC SP)

Frasers Logistics & Commercial Trust (FLT SP)

Longest Losing Streak of Home Price Declines in Singapore