Sales of the private condominium hits once again 2-years’ high, with total numbers of units sold higher as compared to August and September, up 22% from September. The figure was also 72.9% higher as compared to October last year. Prices inched up very marginally across all regions in Singapore by less than 1%. Forett At Bukit Timah is still transacting every week despite the recent curbs on re-issue of OTP by URA. Sales have been active as buyers feel that market is on its way to recovery and with the recent presidential election in USA, it also sort of boost the world wide economy and is only just the beginning of its recovery. As more new condo in the West region launching, we will likely see spill over effect from those launch as Forett At Bukit Timah is probably priced the most attractively with its premium quality finishings and accessibility to amenities and public transportation and yet within 1km to sought after school like Pei Hwa and Bukit Timah Primary School.
Source: The Straits Times
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