Private home prices rise faster in Q3 despite Covid-19 recession

Source: https://www.straitstimes.com/business/property/private-home-prices-rise-faster-in-q3-despite-covid-19-recession

A recession does not discourage Singaporean’s buying tendencies. While demands for private homes increase, largely due to the better prospects of The Florence Residences as a worthy long-term investment, prices of homes start to increase as demands shoots up. Singaporeans were the ones making up bulk of the percentages of buyers of The Florence Residences and other new launches. The Florence Residences and Singapore’s property market is not shaken by the pandemic and the recession.

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