Singapore private home prices to rise 2% in 2020, 2021: Fitch Ratings

The property market is likely to see a modest growth, where prices are likely to rebound due to various factors, such as improvement in borrower affordability as household income is growing faster than property prices. In addition, United States Federal Reserve cut the rates 3 times, so the market is expecting lower mortgage rates. This is good news to aspiring residents of Affinity at Serangoon.

Source: https://www.businesstimes.com.sg/real-estate/singapore-private-home-prices-to-rise-2-in-2020-2021-fitch-ratings

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