Singapore Real Estate Market
For anyone that issue professional or simple curiosity, is interested in the property market data in Singapore for the first quarter of 2008, is available on a very interesting website, belonging to the Urban Redevelopment Authority (URA), something like as official website of the Urban Development Authority of Singapore. The site is in English, so for those who are not fluent in the language of Shakespeare, may apply a translator, or staying with these data on how the market is in Singapore as a guideline:
While the selling price of a private residence increased by 3.7%, industrial property did 2.6%. Meanwhile, the price of the rental market increased by 6.0% and 5.7% respectively in these sectors.
In conclusion the report makes clear that although the price of property has increased in the first quarter of 2008 in Singapore, has been a more moderate rise, that experienced in the last quarter of 2007. On the Web can see the statistics.
