Singapore Property Sharing
How is the Economic Outlook in SIngapore amidst the COVID pandemic. Is it a positive year ahead? The Virus and vaccine are still the key factors. With the concerted effort by the government to speed up vaccination, even to the younger age groups, there is a glimpse of hope that Singapore will be able to fight this pandemic effectively. There are many positive factors out there for a steady economic recovery in Singapore. Singapore Changi Airport passenger traffic is progressively doing well. The manufacturing sector aims to grow by 50% over next several years. Tech giants are scaling up and are in need for talents, etc. These factors, among others, have great impact on the Singapore real estate industry. Many new condo launches are doing extremely well in recent months. HDB resale and rental markets are climbing aggressively as reported in the news in the past quarters. These are excellent news for investors, before the highy anticipated cooling measures kick in. Some actions are needed fast, Stay tuned.