Singaporean interest in owning a private property has reached an unprecedented high in Q1 2019 according to 10 years’s statistic. Interesting to note, luxury home’s take up rate increased by as much as 63% compared to a year ago.
Survey also shown that younger generation get independent earlier and Executive condos has garnered an increased demand among HDB upgraders.
While URA result shows a 16% rise of transaction volume versus last year, analyst commented that this data shows the confidence level of investor by choosing this city state to put their money in a safe haven of capital appreciation.
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