Market Pulse Ep 1 : Private Residential Market Performance 2020 Q2

URA Prices and sales of private homes slipped under the effects of the pandemic and Circuit Breaker measures though there were sporadic ‘green shoots’ in certain locales where sales continue to move at some launches. Despite border lockdowns and traffic restrictions, the number of homes bought by foreigners hit triple-digits last quarter. The number of private homes sold this year could range between 14,500 and 16,800 units, of which new home sales may constitute around 7,500 to 8,500 units.

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