This comes as the increased buying activity in the city-state boosted demand for housing loans, which account for 15 to 20 percent of the said banks’ total loans, based on the estimates of Jeremy Teong, analyst at Phillip Securities Research.
Analysts expect the Singapore economy to grow by 2.5 percent this year, unchanged from their previous forecast, according to a Monetary Authority of Singapore (MAS) survey.
With an integrated transport hub, and multi-functional mall, it is a strong possibility that HDB flat prices in Yishun have the potential to appreciate over time.
Woodlands HDB town does have some potential for further growth especially with the development of amenities, MRT lines, factories, business parks, and educational institutions, among others.
Bidadari, once known for its cemetery grounds is in the process of being transformed into a new HDB town. Find out how viable living in this new town is.
Despite its weary image, Geylang is often known for its contemporary conservation shop houses, and has a rich history Singaporeans just cannot afford to lose.
