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

Circuit breaker as a result of covid-19 did not put down the primary home sales. Instead, more purchasers seized the opportunity, coupled with the low bank rates, and purchase their dream home. Deals were concluded after sales representative of different projects shared with their clients about the development digitally via webinar or zoom. Experts mentioned that we would expect to see an increase in the property prices after the covid-19 and will be higher than the previous cycle. Kopar at Newton sold a total of 18 units during the circuit breaker period through virtual tours. We would expect to a pick up in sales after showflat resume operation.

Source: EdgeProp

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