Poor market results from low buying power

Amidst poor market problems and the scarcity of private property launches, specialists expect a slow-moving however stable start to the year.

Baseding on numbers released by the Urban Redevelopment Authority (URA), a total amount of 322 new-homes were sold in January, noting a 16.1 per cent reduction from the number of units sold during December in 2014.

Nevertheless, despite slower sales, personal designers still stay confident in a market of mindful purchasers. Total sales numbers continue to be encouraging as customers are conveniently tackling unsold devices from previous home launches.

New personal home sales this year could strike about 7,000– similar to 2014, with 7,316 residences availabled, and in 2014's 7,440 number. If we need more understanding, we can go to http://www.simsurbanoasis-guocoland.org/showflat/ to learn more.

Professionals claim January is generally a slow month for home sales. Nevertheless, as the events for the Lunar Year of the Ape wanes, several jobs are readied to launch. These brand-new upcoming project launches include condominiums at The Wisteria and also Sturdee Residences along with ECs at Wandervale and also The Visionaire, experts forecast that overall new-home sales figures could reflect a comparable fad as previous years The prices however , are not coming down at a huge drop.

 

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