12 Apr '18, 1am

Weekend bonanza for real estate sector

It was a weekend of sales and more sales for the real estate sector. Buyers were flocking to a number of show flats and new launches , snapping up units all around. The 3.1% increase in private home prices is giving the industry hope for a prosperous year. Industry analysts have since revised their forecast to a 7% to 15% increase in property prices t his year. Their original estimate was a 3% to 8% increase. Strong demand for new homes Developers and property agents were busy last weekend fielding enquiries and sealing deals at The Verandah Residences, Park Place Residences, and The Tapestry. The Verandah Residences Smaller units at The Verandah Residences sold well. At the 170-unit condominium which sits at the junction of Pasir Panjang and Sout Buona Vista roads, 76% of the apartments have been sold. The developer, Oxley Holdings, carried out balloting for their one- an...

Full article: https://www.iproperty.com.sg/news/weekend-bonanza-for-rea...

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