4 Answers

Shalom! 2023 will be an exciting year as the supply of ready units would increase. If you're in the market for a brand new unit that is ready for move in, 2023 would be a good time to enter.

2023 would see the impact of the September 2022 cooling measures. Check out my YouTube video where I share about how I think it will affect the property market: https://www.youtube.com/watch?v=9dFaXd-yxNE

If you'd like to find out more about how 2023 would be, I'd be happy to chat http://wa.me/6589390393

- Julia (@property.jubs)
 +65 8939-0393 

Check out my YouTube Channel where I share property analysis and tips for sellers, buyers, investors: http://www.youtube.com/@SingaporePropertyTips Read More
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It will be interesting 2023 in my personal opinion, with mega projects due to obtain their TOP status, therefore there should be ample supply coming up in the secondary market, creating an impact in the resale prices as well as the rental market, where intended private property down-graders may add on to the demand for rental units while home owners who were previously renting while waiting for the projects to TOP exits the rental market. In addition, the government has also release 7 plots of land for sale under the GLS scheme which also provide ample supply to the primary market. As we know, when demand outstrips supply, price will rise, therefore it is going to be quite interesting to see how it pans out with the added supply in both primary and resale market.

Importantly, we will need to pay close attention to how the global economy fares too, given that we have been resilient so far despite the pandemic and now the interest rates. With the opening up of China after lifting their strict covid measures, it will be interesting to see how global market fares that will definitely have an impact on Singapore real estate, especially when more buyers and investors from China start to arrive on our shore.

I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
www.geryllim.com

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

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Landed Dynamic Alliance
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1
Hi Sir/Madam

Are you looking to purchase?
How many bedrooms are you looking at?

I will be glad to assist, no agent fee from private property buyer
I have current price list, promo of every projects in Singapore and will be glad to advise you

I won't be able to contact you first from PropertyGuru
Appreciate if you can contact me at (65) 96608508 
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More
0
Hi,

1) I can't say for other countries' property markets but Singapore's property market has been tightly controlled by the government.
2) If you did monitor the Singapore property market, then you will realize that the government had implemented and tightened the property market since 2006.
3) The only time that there was a slight relaxation was in 2017 when the SSD was reduced from 4 yrs to 3 yrs.
4) Even recently there were 2 cooling measures; Nov 2021 and Sep 2022 to address the property market price hike.
5) The buyers' loans were assessed to be able to withstand 3.5% interest and now 4% interest to ensure that they will be able to afford even when the interest rate increases.
6) These were the main reasons that our property market is still in its' healthy state, not building up bubbles or being exploited by foreigners by imposing a high ABSD upon them.
7) I strongly believed the property market will continue to grow at a healthy rate in 2023.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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