Related Articles

'Too Early To Worry About Singapore Private Home Oversupply'

12/19/2017 1:29:44 PM
written By : Team India Se Print

It is “far too early” to worry about a possible oversupply of private homes due to a surge in en bloc deals, reported Today quoting a brokerage and investment bank report issued on December 18.

The report by Maybank Kim Eng analyst Derrick Heng pointed out that the redeveloped properties from the collective sales would not come on stream till 2020.

Even after those properties come on stream, the average net supply will “still not be excessive”, at slightly above 11,000 units a year, the report said. This figure is significantly lower than the 19,500 units that were added annually between 2014 and last year, the report noted.

This follows a Monetary Authority of Singapore (MAS) report in November which said the supply of private housing would increase significantly over the next few years, with units up for sale more than doubling in the same period.

The MAS report urged developers, potential buyers and banks to “proceed cautiously” warning against a possible oversupply in the property market.

The Ministry of National Developmen said there was a “large potential supply of around 20,000 units” from awarded en bloc sales and government land sales sites that had not yet been granted planning approval, on top of about 18,000 unsold units that already have planning approval.

There are also more than 30,000 existing private housing units that remain vacant, the ministry said.

 

2 comments for “property oversupply not yet”

  1. myy
    Posted Thursday, May 10, 2018 at 11:01:18 AM

    replica watches, hollister co, nba jerseys, nike, adidas schuhe, portland trail blazers jerseys, supra footwear, michael kors handbags, ralph lauren, stone island polos, swarovski canada, air jordan shoes, ray ban outlet, mcm bags, barbour jacket outlet, lacoste, thomas sabo outlet, the north face outlet, swarovski jewelry, nfl jerseys, nike free run, ray ban wayfarer, adidas mens, coach outlet online, nfl chiefs jerseys, ray ban sunglasses outlet, the north face outlet, guess outlet, basketball shoes, oakley vault, michael kors outlet online, nba jerseys sale, tory burch, jack wolfskin ca, longchamp, burberry, michael kors, kate spade outlet, nfl titans jerseys, longchamp outlet, ralph lauren polos, eyeglasses frames, north face, new balance shoes, fred perry polos, michael kors handbags, cleveland cavaliers, rolex watches,

  2. Posted Monday, July 9, 2018 at 11:34:13 AM

    cartier bracelet


    nike blazer


    timberland


    nfl jerseys


    hermes


    coach outlet


    kobe 12


    michael kors


    coach outlet


    jordan 3s


    ray ban sunglasses


    under armour


    flip flops


    adidas superstar


    cheap nfl jerseys


    kate spade purse


    ugg outlet


    herve leger dresses


    michael kors


    pandora jewelry


    ugg boots


    baseball jersey


    air jordan


    coach handbags


    nba jerseys


    balenciaga sandals


    michael kors outlet


    longchamp


    maillot de foot


    balenciaga


    givenchy handbags


    kate spade handbags


    coach outlet


    nike shoes


    louboutin


    ferragamo shoes


    nike air force 1


    nike flip-flops


    adidas nmd for sale


    tory burch


    supra shoes


    ray ban sunglasses


    cheap jerseys


    nike outlet store


    adidas wings


    michael kors


    coach factory outlet


    montblanc pen


    pandora charms


    prada handbags


    true religion sale


    puma fenty slides


    north face outlet


    ralph lauren


    hermes kelly bag


    new balance sandals


    michael kors handbags


    nike outlet


    timberland boots


    asics


    mlb jerseys


    jordan shoes


    tory burch outlet


    nike huarache


    nike air max plus


    polo ralph


    adidas stan smith


    kate spade outlet


    polo outlet


    nike cortez


    stussy clothing


    adidas outlet


    ralph lauren


    jordans


    tory burch handbags


    birkenstock shoes


    valentino shoes


    jordans


    jordan 8s


    true religion outlet


    ray ban sunglasses


    michael kors uk


    nike outlet online


    mont blanc pens


    coach bags


    coach outlet


    nike air force 1


    baseball bats


    hermes bags


    ray ban


    converse shoes


    flipflops


    coach outlet


    oakley sunglasses


    mbt


    pandora jewelry


    christian louboutin


    timberland


    mishka clothing


    supreme


    christian louboutin


    chenyingying20180709

Leave a comment
 
All Copyrights Reserved @2014 India Se
Engineered by : ZITIMA