Strong private home sales, prices point to stabilising property market

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New private home sales were the highest in Q3 of 2019 in 6 years. This increase was backed by local and foreign demand as reported by analysts, proving that the property market is picking up from the July 2018 increase in ABSD. Additionally, there is little risk of a property bubble forming as prices are increasing at a moderate rate. Avenue South Residence continues to be the top selling project of the quarter. Book an appointment now to secure your desired units.

 

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

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