📊 Dive into the surprising slowdown in Singapore property prices with Iggy the Investing Iguana! 🦎 In this eye-opening video, Iggy unpacks the latest URA property price index data for Q2 2024, shedding light on the unexpected factors causing a cooling in the market. From high interest rates to a limited supply of new housing, Iggy breaks down the key trends shaping the market across different segments, including landed homes and condos.
Discover the regional variations and learn how the luxury, suburban, and city fringe areas are faring. But it's not all doom and gloom! Iggy shares his expert predictions and highlights potential bright spots, such as upcoming new launches and a strengthening economy.
Whether you're an investor, homebuyer, or just curious about the market, this video is packed with insights to help you make informed decisions. Subscribe for more financial analysis, like the video, and share it with friends. Remember, investing is a long-term game. Be patient, disciplined, and informed. Happy investing! 🚀
#LimitedHousingSupply #PropertyTrends #PropertyPriceGrowth #HomePriceIndex #RealEstateTrends
CHAPTERS:
00:00 - Intro
00:31 - Overview: Private Home Prices Cooling Off
03:15 - Resale Transactions Increasing Despite Slower New Home Sales
05:54 - Outlook for Singapore Property Prices
07:06 - The Bottom Line: Buying or Investing in Property
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🟥 Remember, always conduct your own research and consult a financial advisor before making any investment decisions. Happy investing, and see you in the next episode!
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