New Private Home Sales Surge as Developers rush to roll out projects

Apparently Singaporean’s favourite past time is to shop for condominium and without surprise, it marked a 47% increase of activities compared to previous year after a relatively quiet Chinese New Year month. 1054 units was moved out of 1812 launched by developer. With visible trend seen by the property builder, no doubt their intention is to ride the wave and push out more properties for sale in the next half of the year with healthy land bank holding on hand.

Market expert notes that property buyers will be more price cautious being more savvy and limited by TDSR framework as well as potential ABSD to be paid, they will be largely interest in the launches which is price reasonably.

 

 

 

Source: https://www.srx.com.sg/singapore-property-news/53562/new-private-home-sales-surge-as-developers-rush-to-roll-out-projects

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