Sales at 2 property projects buck cautious sentiment from virus outbreak

The successful launch at The M by Wing Tai saw a total of 392 units of 522 units being taken up quickly since their launch on 16-Feb-2020. The contemporary collection of Luxus Hills by Bukit Sembawang also fully sold out. This could be due to the low bank rates which still encourage buyers to enter the property market despite the recent COVID-19 which affected the world economy. Mont Botanik Residence at Hillview being a freehold condo and priced at leasehold property is anticipated to see more interest in later part of 2020 where more developers launch their projects in the West area.

Source: The Business Times

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