Monday, August 22, 2016
Singapore's Stagnant Housing Market
Singapore's relatively weak economy, extensive new builds and tighter rules on immigration has led to a cooling of the Singapore property market. The Strait Times has analysed the data behind Singapore's stagnant housing market, looking at where real estate is not selling and why.
Tracking Down Singapore's Unsold Private Homes includes an interactive map visualizing real estate projects in the city which will be completed in 2016 & 2017. The map uses scaled circular markers to show the location of new builds and the number of unsold units in each project. If you select a marker on the map you can learn more about the project, such as the name of the developer, the number of unsold units and the price range distribution of the units that have sold.
The article also includes a chorpleth map showing the drop in rental take ups in each Singapore region over the last three years.