Category: News

It seems that there are bad news for Singapore economy as there are is downgrade in the increase in GDP for the city state. The latest statement is as below

Business analysts surveyed by the Monetary Authority of Singapore (MAS) are chopping down their development estimate for the economy for 2016 from 2.2 percent to 1.9 percent, the national bank’s most recent quarterly review uncovered Wednesday (16 March).

“As reflected by the mean likelihood dissemination, the in all probability result is for the Singapore economy to develop by between 1.0 to 1.9 percent this year, beneath the 2.0 to 2.9 percent range reported in the last study,” the MAS said. Buyers

We are now looking at a more than robust city state as there is an increase in the number of

Assembling is presently anticipated that would recoil by 2.7 percent this year, more regrettable than the past middle conjecture …

It seems that developers are now looking at a drop in business as the recent sales figures shows that developers have  a drop in the number of sales figures.

New private home deals in Singapore fell by 22.8 percent to 301 units in February 2016, from 390 units in the same period a year ago, as indicated by information discharged by the Urban Redevelopment Authority (URA) on Tuesday, 15 March.

As indicated by JLL, the “slower designer deals were relied upon because of the Lunar New Year hush and the continuation of the unpredictability in the stock exchange from the earlier month”.

By area, deals in the Core Central Region (CCR) tumbled to 25 units in February, barely short of the 26 units sold in the earlier month, and the 30 units sold a year prior.

The sales figures shows that buyers are now looking at different properties that are …