New Home Sales Up 29.5% M-O-M In May 2019: URA
Jun 20, 2019
Sales in the Luxury segment
Source: Singapore Edgeprop
The property market is showing signs of strength considering the weakness in the macroeconomy. This resilience is due to strong demand for new projects and the fact that many enbloc-cers are starting to receive their payouts from the developers. Almost $10-12 billion are expected to be paid to the enbloc-cers in the 2nd half of 2019.
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