Demand for private homes in Singapore is expected to recover in 2021, according to a Knight Frank Wealth Report.
Grace LeongSenior Business Correspondent
SINGAPORE – Singapore has become one of the world’s most sought-after locations for buying investment homes as its safe-haven reputation has been further strengthened by successfully managing the coronavirus pandemic and supporting businesses.
According to Knight Frank’s Wealth Report, while private home prices in Singapore’s prime districts dipped 0.2 per cent in 2020 as travel restrictions kept foreign buyers away, demand is expected to recover this year as such properties remain relatively affordable, and as the vaccine roll-out continues and borders reopen.
Please subscribe or log in to continue reading the full article.
Get unlimited access to all stories at $0.99/month
Latest headlines and exclusive storiesIn-depth analyses and award-winning multimedia contentGet access to all with our no-contract promotional package at only $0.99/month for the first 3 months*
*Terms and conditions apply.
Join ST’s Telegram channel here and get the latest breaking news delivered to you.