Hong Kong investors take advantage of a correction in Singapore’s property prices
Singapore’s property prices have continued to fall since the last quarter of 2018, declining 0.7 per cent between the final quarter of 2018 and the first quarter of 2019, but Colliers International estimates home prices will stabilise in the second half of 2019 and grow 1 per cent overall.
Hong Kong buyers are likely to flock to the Singapore market while prices were still low, Law said.
Meanwhile, Colliers International estimates Singapore home prices will stabilise by the second half of this year as it expects the market to have digested the cooling measures.
