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by OrangeTee & Tie Pte Ltd.

Vaccine rollout may stimulate property buying frenzy: analysts

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Market Outlook 2021


Singapore, 15 Mar 2021

The rollout of the vaccination programme may stimulate the property market even as sales slowed down in February, according to real estate consultancy firm OrangeTee & Tie's senior vice president of research and analytics Christine Sun.

“Market watchers and investors will likely continue to keep a close eye on the roll-out of vaccination programs and the possibility of new property curbs. The historic $1.9 trillion stimulus boost to the US economy will unleash a fresh wave of liquidity that will help lift global economies and likely benefit real estate markets worldwide, including Singapore where a few luxury condominiums are slated to be launched this year,” Sun said


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