Expect volume to pick up in new home sales soon
Social unrest in other countries like Ukarine and Russia war, gun-shooting cases in USA continue to prove that Singapore is a safe country to reside in. Latest cooling measure introduced since 2021 resulted in a decrease in property transactional volume. However, with diminishing stocks in most existing launches and lesser land supply in 2022, we should see a rise in property transactional volume soon. Overall property prices increase by 0.7% in 1st quarter 2022. Sky Eden
Source: The Straits Times
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