Singapore’s economy contracted 3.8% in Q4, 5.8% in 2020 On a seasonally-adjusted basis, the economy grew 2.1%, after expanding 9.5% in Q3 2020.
Private residential prices up 2.1% in Q4, 2.2% in 2020 Looking ahead to 2021, overall private home prices is expected to rise by 1% to 4%, while new home prices may increase at a faster pace of between 2% and 5%, says Christine Sun, Head of Research and Consultancy at OrangeTee and Tie.
