Covid-19 may amplify attractiveness of Singapore’s real estate market

The economy crisis as a result of the recent covid-19 has caused the prices of Singapore property to fall. Despite that, new home sales remained resilient with quite a number of deals sealed during the circuit breaker period. This pandemic has helped Singapore to gain attention and confident in our country after seeing how our government have dealt with the situation, especially the wealthier individuals from the neighbouring countries. We would expect property transaction volumes to go up once the lock-down period is over and foreigners are able to enter Singapore to do their property purchase. Mont Botanik Residence, being the only freehold new launch in Hillview area and attractive price quantum, have sold almost 50% of its total number of units since launch.

Source: EdgeProp

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