Prøve GULL - Gratis
Property market to continue stabilising: Desmond Lee
The Straits Times
|April 28, 2024
Govt will watch the trends very carefully over the next few quarters, minister says
There may be quarter-on-quarter variations in Housing Board and private home resale prices but the authorities expect the property market to continue stabilising, said National Development Minister Desmond Lee.
The Government will watch the trends very carefully over the next few quarters, added Mr Lee, who was speaking to reporters on the sidelines of the launch of the Greenfly Allotment Garden in Boon Lay on April 27.
His comments came a day after the release of the latest HDB resale and private housing data for the first quarter of 2024.
Prices of HDB resale flats edged up 1.8 per cent in the first three months of 2024, outpacing the previous quarter's 1.1 per cent. This was the 16th consecutive quarter of price increase since the second quarter of 2020, according to figures released by the statutory board.
Meanwhile, private residential property prices rose 1.4 per cent in the first quarter, based on figures from the Urban Redevelopment Authority (URA).
Denne historien er fra April 28, 2024-utgaven av The Straits Times.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Straits Times
The Straits Times
Philippine death toll from Typhoon Kalmaegi tops 100
The death toll from Typhoon Kalmaegi in the central Philippines climbed past 100 on Nov 5 as the devastating impact on Cebu province became clearer after the worst flooding in recent memory.
2 mins
November 06, 2025
The Straits Times
Parliament passes online harms Bill after more than 8 hours of debate
New agency will tackle 13 types of online harms; WP amendments voted down
4 mins
November 06, 2025
The Straits Times
US govt shutdown reaches 36 days, longest on record
Economic pain deepens as stalemate over healthcare and spending continues
4 mins
November 06, 2025
The Straits Times
Aeroline coach service's suspension exposes cracks in KL transport policy
Ban on express bus pickups and drop-offs in city's downtown areas draws criticism
3 mins
November 06, 2025
The Straits Times
Schools * Consider implementing a 'right to disconnect' for teachers
I refer to the article “Long hours, huge stress and VIPs (very involved parents). So what keeps a teacher in S’pore going?”, Oct 22.
1 min
November 06, 2025
The Straits Times
Zohran Mamdani's New York win challenges both Trump and Democrats
The first city of finance has a committed socialist at the helm of city affairs.
6 mins
November 06, 2025
The Straits Times
PEAKING RYBAKINA REMAINS PERFECT
Kazakh gaining confidence with every win as she makes it 3 out of 3 at WTA Finals
3 mins
November 06, 2025
The Straits Times
Phishing for trouble: Physical bank token is no silver bullet
The latest effort to counter phishing could rattle less tech-savvy customers. It also needs a digital ecosystem to work.
6 mins
November 06, 2025
The Straits Times
Kenneth Tiong apologises to Chee Hong Tat on ‘stupid question’ comment in House
Workers’ Party MP Kenneth Tiong apologised to National Development Minister Chee Hong Tat on Nov 5 for calling his question “stupid” in Parliament.
2 mins
November 06, 2025
The Straits Times
Global financial stability risks elevated despite resilience: MAS
Singapore companies, households and banks have the financial strength to weather shocks to incomes and financing costs, but they have to remain vigilant given the highly uncertain global environment.
2 mins
November 06, 2025
Listen
Translate
Change font size