Analysts Sees Some Positive Signs For Private Home Prices in 2019

According to Straits Times, analysts see positive signs in private housing price in 2019 due to the following factors:

  1. Supply of completed units is below the historical average for the next few years.
  2. Local demand still remains strong and it is coupled with new buyers from enbloc sales.
  3. Economy to remain in stable growth condition baring external shocks.

Due to the strong demand of the units at this area, all 3 and 4 bedroom units  were sold at Mayfair Garden.

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