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Singapore’s Private Residential Property Market Remains Resilient Despite Economic Headwinds

Despite global economic uncertainties and elevated interest rates, Singapore’s private residential property market has displayed remarkable resilience in 2024. This demonstrates its continued appeal as a safe-haven investment by both local and foreign investors.

Market Performance in 2024

In 2024, prices of Singapore’s private residential properties continued to trend upward, although at a slower pace. The market grew 4.4 per cent for the year, beating the forecast of 3.0 per cent growth, but down from 6.8 per cent in 2023.

This slowdown from the previous year is expected due to global economic headwinds, the Russia-Ukraine conflict, and high interest rates.

However, with the US Federal Reserve cutting interest rates by a total of 100 basis points in September, November, and December 2024, Singapore mortgage rates have fallen across the board as a result.

This lifted sentiment in Singapore’s housing market amid a flurry of new private property launches, which were met with strong demand.

Other Factors Contributing to the Resiliency of Singapore’s Residential Property Market

The resilient nature of Singapore’s property market can also be attributed to the following factors:

Strong Economic Fundamentals: Singapore’s robust economy, underpinned by its strategic geographic location, world-class infrastructure, and pro-business policies, continues to attrac

Russia Ukraine war: Russia, Ukraine agree to ceasefire in Black Sea

Russia and Ukraine have agreed to a naval ceasefire in the Black Sea in separate agreements with the United States. The agreements came after three days of peace talks in Saudi Arabia . Washington said the agreements would allow for the restoration of commercial shipping lanes in the Black Sea and that all sides would work towards a lasting peace. The deal was part of a broader effort to implement a previously agreed ban on attacking each other's energy infrastructure. 'To go further 'The White House said they were committed.

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The Global Sunflower Seeds Market forecast growth is driven by increasing consumption of plant-based and healthy food products globally. However, weather conditions and geopolitical factors (e.g., Russia-Ukraine war) impact sunflower seed production and pricing.

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Unlock valuable insights with Ukraine Import Data through Import Globals. Stay ahead in global trade by accessing detailed and accurate import statistics. Understand market trends, optimize your supply chain, and make informed decisions. Trust Import Globals to provide the data you need for successful business growth and strategic planning.

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Inspiring And Powerful: The Most Gripping Military Action Adventure Books

The military is the sole protector of any nation. Its purpose is to protect its people and ensure that the borders are safe and secure. Without a military, a nation would be bullied into submission by stronger countries around it and thus would lack the ability to project its interests on the world stage and not be able to protect itself. The war in Ukraine shows how, even in the relatively peaceful times we live in, the need for the military is just as strong as ever because, without an active military, a larger nation would just walk all over and annex other countries, subjugating them to oppressive treatment as well as taking away their rights and freedoms. Military action adventure books portray the lives of soldiers fighting to keep their people safe, making sure that the freedoms that civilians enjoy are protected, as well as protecting the best interests of the nation.

What's Makes An Engaging Military Story?

War is an unfortunate reality that we have to contend with. Armies would not need to exist if we could all just get along and live in harmony. What makes military stories engaging is oftentimes the sacrifices the men and women who serve make to protect the people back home. What goes into making engaging military action adventure books is the fact that they immerse the readers into the world of a soldier and the sort of situations that they have to face in the line of duty, the ha

Efficient Energy Conversion | steam turbine manufacturers in Ukraine

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Some of the cheapest countries to study MBBS include Russia, China, Kyrgyzstan, Kazakhstan, Ukraine, and the Philippines. These countries offer affordable tuition fees, low living costs, and globally recognized medical degrees. Many universities provide courses in English, making them popular among international students seeking quality education at a budget-friendly cost.

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Putin Halts Energy Infrastructure: Global Impact on Energy Markets?
Putin agrees to halt attacks on Ukraine's energy infrastructure for 30 days a step toward peace though concerns remain over its long-term impact and enforcement.
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World crude steel production for the 69 countries reporting to the World Steel Association (worldsteel) was 166.1 million tonnes (Mt) in March 2025, a 2.9% increase compared to March 2024.
In January 2025, the global crude steel production of 69 countries/regions included in the World Steel Association's statistics was 151.4 million tons, a year-on-year decrease of 4.4%.
In February 2025, the global crude steel production of these 69 countries/regions was 144.7 million tons, a year-on-year decrease of 3.4%.
March was the first month this year to see a year-on-year increase after consecutive declines.

Crude steel production by region

Africa produced 1.9 Mt in March 2025, up 0.6% on March 2024.
Asia and Oceania produced 123.6 Mt, up 3.9%.
The EU (27) produced 11.7 Mt, up 0.2%.
Europe, Other produced 3.6 Mt, down 7.2%.
The Middle East produced 5.3 Mt, up 1.9%.
North America produced 9.2 Mt, up 1.4%.
Russia & other CIS + Ukraine produced 7.1 Mt, down 3.5%.
South America produced 3.7 Mt, up 6.5%.

The 69 countries included in this table accounted for approximately 98% of total world crude steel production in 2024.

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Travel insurance for Ukraine is an essential investment to protect yourself from unexpected expenses and emergencies while exploring this beautiful country. By taking the time to research different insurance options, compare coverage benefits, and choose a policy that meets your needs, you can travel with confidence and peace of mind. Remember, it is better to be prepared with comprehensive travel insurance than to risk facing financial hardships during your trip. Stay protected and enjoy your journey to Ukraine!
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