More Singapore property developers expect prices of new launches to go up

Prices of new launches are expected to hike further in 2022 as inflation has caused an increase in labour, material, construction costs, etc. As land supply are lower this year and coupled with dwindling stocks of existing launches, property prices of new launches this year are like to be higher. Properties have always been regarded as a sound and safe investment to hedge against inflation. The positives from increased demand are likely to offset the negatives from the government measures and uncertainty. Sky Eden

Source: The Straits Times

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