A number of researchers have discovered the positive relationship of the share market to the property prices in Singapore. Any changes in the share market prices definitely affect the property prices. Market analysts defined the correlation as the consumer confidence. There is no problem on the credit facilities offered by the banks or other financing companies in Singapore. The banks give lower interest rate, which is still attracting a large market given the business environment. In many situations, the consumer confidence directly supports the prices and transaction volumes of the market. This would mean that any press releases, press reviews, economic projections, or even a bit of awareness regarding property launches would create property awareness effectively. This property awareness would lead to an increase of demand on the real estate or property regardless of the authenticity of the news. Get the facts about Meyer Mansion Freehold Condo see this.
Singapore Property buyers and investors Risks Potential
The prices of the various properties in Singapore are higher than the highest value in 1996 based on the price index of the URA. The market movement, downward or upward trend, will relatively depend on the local domestic economic situation. The local domestic economy affects the supply and demand of the real property industry just like what happened in the USA, China, and Europe. This means that the market will go uncertain as it closely associate itself with the supply and demand generated by the situation of the local market.
Condition and Prices of the Mass Market Condominium
The HDB housing condition greatly affects the value of the mass property condominium. The HDB housing further guides the movement of the mass property condominium market in terms of supply and demand. This condition will continue to increase even at a lower pace. Known factors affecting the increase of mass property condominium prices are the HDB housing supply shortage and the massive immigration policies. The two factors created quite a problem on the base level of HDB and resulted to rising property prices. An increase of HDB housing would keep the prices of the mass property condominium at an acceptable and affordable market rate.
A Perspective of the High End Luxury Market
The value of the best properties guides the prices of the high-end luxury market. The high-end market is often referred with the use of superlatives such as the best, the tallest, the nearest, the most exclusive, and the best view. The high-end market could have lost its direction in a bit as the property market reaches its peak like it has never before since 1996.