Strong Private Home Sales, Prices Point To Stabilising Property Market

Strong Private Home Sales, Prices Point To Stabilising Property Market

Source: Strong Private Home Sales, Prices Point To Stabilising Property Market

Despite the global uncertainties and slowing economy, Singapore’s property market showed that it is in good health with the highest number of new private homes sold in a quarter, since the second quarter of 2013. There was also little risk of a bubble forming with a moderate price increase of 1.3% in the third quarter of the year. Analysts expected that the trend of healthy private home sales and moderate price growth to continue even with more projects launching at higher prices per sq ft. With a competitive land cost that translate into attractive pricing, Clavon is a good bargain for aspiring homeowners and investors.

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