±¾µØ·¿µØ²úÇ°¾°²»ÀÖ¹Û
The housing market in Singapore is heading for a prolonged downturn and overall private home prices are forecast to fall between 22 and 26 per cent in the next three years, Daiwa Research said. ¡°We believe the residential property market could remain depressed for several years, triggered initially by a likely forthcoming gross domestic product slowdown (in 2012) and lingering global economic uncertainty,¡± it said.
From late next year, Daiwa said, structural issues such as the rapid build-up in unsold inventory in the primary market and vacant rental units will take centre stage and keep home prices and rents in check for several years.
The mass-market segment will hold up slightly better than high-end properties, supported by better affordability and the resilience in the resale prices of Housing and Development Board flats, Daiwa said.
The house has downgraded its view of Singapore¡¯s property sector to ¡°Negative¡± from ¡°Neutral¡±, adding that ¡°it is hard for us to see the developer shares outperforming the Straits Times Index over the next six months¡± despite their underperformance in the year to date
From late next year, Daiwa said, structural issues such as the rapid build-up in unsold inventory in the primary market and vacant rental units will take centre stage and keep home prices and rents in check for several years.
The mass-market segment will hold up slightly better than high-end properties, supported by better affordability and the resilience in the resale prices of Housing and Development Board flats, Daiwa said.
The house has downgraded its view of Singapore¡¯s property sector to ¡°Negative¡± from ¡°Neutral¡±, adding that ¡°it is hard for us to see the developer shares outperforming the Straits Times Index over the next six months¡± despite their underperformance in the year to date