Strong private home sales, prices point to stabilising property market

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Amidst global economic uncertainties, Singapore recorded the highest number of new private home sales in 2019Q3 in six years. This was backed up by demand from local and foreign buyers with 50 per cent more locals and 77 per cent more foreigners purchasing new launches in the third quarter than the previous quarter. According to analysts, the risk of a property bubble forming is low as prices are still rising at a moderate rate, showing a healthy balance between underlying demand and the current released inventory. Book an appointment now to find out more about the attractive developer pricing of The Hyde.

Source: https://www.straitstimes.com/business/property/strong-sales-prices-point-to-stabilising-property-market

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