Private home prices increase as a whole in 2020 and likely will end on a positive gain. Despite many sectors are affected and with jobs insecurities, we are still seeing momentum in the property transactions and prices. New home sales as well as resales are picking up as more HDB upgraders sold their properties to newly converted citizens or SPRs as they see home ownership in Singapore is still a long term gain rather than paying rental. Forett at Bukit Timah has hit more than 40% sales in less than 3 months since its launch in August. It is one of the top selling project in the 3rd quarter. With future integrated transport hub in the Beauty World area, Forett at Bukit Timah is the cheapest new freehold condo in the district!
Source: The Business Times
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