Analysts say prices are unlikely to crash the way they did following the global financial crisis in 2009, provided unemployment remains stable. Photo: Bloomberg Analysts say prices are unlikely to crash the way they did following the global financial crisis in 2009, provided unemployment remains stable. Photo: Bloomberg
Analysts say prices are unlikely to crash the way they did following the global financial crisis in 2009, provided unemployment remains stable. Photo: Bloomberg

Coronavirus: Singapore property prices set to tumble, fire sales ‘unlikely’

  • Private home prices have already fallen, and are expected to correct up to 8 per cent this year
  • But industry players and experts believe demand will only be slightly muted until the end of the Covid-19 pandemic

Topic |   Coronavirus pandemic
Analysts say prices are unlikely to crash the way they did following the global financial crisis in 2009, provided unemployment remains stable. Photo: Bloomberg Analysts say prices are unlikely to crash the way they did following the global financial crisis in 2009, provided unemployment remains stable. Photo: Bloomberg
Analysts say prices are unlikely to crash the way they did following the global financial crisis in 2009, provided unemployment remains stable. Photo: Bloomberg
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