Singapore’s private home prices likely to rebound after Covid-19

The new home sales segment remains vibrant despite during circuit breaker period, buyers not able to visit the sales galleries. Property analyst forecast that private property prices will increase after the crisis as based on previous property cycle, prices increase after each major crisis, such as the SARS in 2003. With limited land parcels in the western region of Singapore, Midwood, with its low PSF of $15xxpsf and nestled in private residential zone, is likely to see an increase in sale during this period.

Source: EdgeProp

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