Making Sense of the Numbers:
Slowdown in prices could have come on the back of cooling measures, rising interest rates & geopolitical headwinds
Softer performance in non-landed market could be due to lack of new launches, a slowdown in activity from festivities and spike in COVID-19 cases
What to Expect in 2022?
1. Demand for private homes from homebuyers should remain strong, with volumes to pick up as more projects are launched
2. Easing in safe management measures and reopening of borders should boost flows of foreign buyers and traffic at showflat.
3. Landed homes should continue to outperform as an asset class with high demand yet having a fixed supply