This concludes that demand for private residential in Singapore will remain strong despite the cooling measures that took effect from July last year as the sale in March this year is 47% higher than in March 2018. Buyers will be spoilt with choices as there are many more new launches giving them more options. Given the excessive upcoming launches, developers are foreseen to price their launches reasonably as buyers tend to be more price conscious.
Source : https://www.straitstimes.com/business/property/private-home-sales-pick-up-on-back-of-new-launches
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