2010: The year of luxury home sales & predictions outlook

Experts see a shift from mass market sector, say big jumps in prices unlikely

After the unexpected mid-recession housing boom last year, all eyes are now on whether the property market will continue to sprint ahead or if it will finally stop for a breather.

The answer, according to property consultants, is a bit of both.

While the [...]

2010: The year of luxury homes

5-10% rise seen in high-end residential prices; slight drop expected in the number of GCB transactions

PRICES of luxury and high-end homes in Singapore started inching up in 2009, but analysts and developers here are confident that there is room for further growth.

Developers here are unanimous in agreeing that mid to high-end residential prices will climb [...]

Luxury projects to dominate this year

CBRE data shows over 40% of homes will be launched in core central region

DEVELOPERS are expected to push out a slew of high-end and luxury projects in 2010 as buying momentum starts returning to these segments of the property market.

Data from CB Richard Ellis (CBRE) shows that of the 7,975 landed and non-landed homes that [...]