Amidst of covid pandemic, new home sales continue to spike with home buyers in shopping spree mood as they see the long term value in home ownership in this land scarce Singapore. The Florence Residences has exceeded 65% sold result within a span of 2years and still counting as supply of new launches diminish in District 19 in the next couple of years. The year could end with an approximate number of 9500-10,000 new homes transacted and prices could spike in 2021. The economy is on its way to recovery as we enter into phase 3 and whole nation is wearing mask as safety precaution.
Source: The Business Times
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