Property Survey Results / 屋业调查结果


PropertyGuru's Quarter 4 Singapore Property Sentiment Survey results were released in December 2010 with extensive press coverage! Running from 11 - 20 October 2010, about 3,200 respondents gave their views on the Singapore property market. For an overview of the results, click here.

Some interesting topline findings were:

  • The Consumer Property Sentiment Index for Q4 2010 was 2.4, on a scale of 5. This shows escalating optimism (compared to a value of 1.25 in Q2) among consumers towards property. Consumers now see property prices as more affordable.
  • Respondents are more positive now towards housing prices compared to the Q2 survey, due to the latest cooling measures announced on August 30th.
  • 80% of respondents looking to upgrade their property would consider taking a loan from a bank or other private sources.
  • 67% of respondents say parents are the decision makers when buying property.
  • Top motivation factors in purchase of property include price, location, capital appreciation and rental yield.

These results generated nation-wide media coverage! To view the news articles, please click on the available links below:

ChannelNewsAsia.com – 10 Dec 2010
"Home buyers say further measures needed to control house prices" Read more

TODAY – 11 Dec 2010
"HDB flats more affordable, but..." Read more

ZaoBao.com – 11 Dec 2010
较多公众认为房地产价处于较负担得起的水平 Read more

Berita Harian – 18 Dec 2010
"Pemerintah dijangka ambil langkah tambahan jika pasaran hartanah terus 'panas'"

Suite101.com – 17 Dec 2010
"Investment Trend in Singapore Shifting to Commercial Property" Read more

Biz Daily – 22 Dec 2010
"Outlook: Singapore Property Market to Ride on Economic Growth in 2011"

The survey was carried out locally via Pulse Group PLC, a leading Research Agency on behalf of PropertyGuru.com.sg.

Congratulations to Mr Koh Thong Joo, Mr Ho Chuan Yong and Mr Stephen Hiow for winning the Ferrari netbook by Acer in our respondents' draw. We thank all who participated in the survey and look forward to your continued support for our future surveys!



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Paley Kuang 佩莉
Associate Group Director
PROPNEX REALTY PTE LTD
paleybiz@gmail.com
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