12/08/2022
S'pore Real Estate 2022 Q2 Investment Sales Cooled QoQ but still higher YoY. What's next? My suspicion: Barring a Black Swan event, Investment Sales to stay robust with prices resuming gradual uptrend by end 2022, as the pace of FED rate hikes would begin to taper off with further evidence of inflation easing in the quarters ahead (US CPI growth eased to 8.5% YoY in 2022July from 9.1% in 2022June). And with the continued Flight-to-Safe-Haven moves by global UHNWIs and Family Offices into our land-scarce country, we should expect great support for real estate valuations.
