The recent outbreak of coronavirus did not dampen the mood of buyers. The recent successful launch of The M by Wing Tai and Luxus Hill by Bukit Sembawang prove that the impact of COVID-19 is rather mild. Low mortgage interest rates still encourage buyers and property investors to enter the market. With the dwindling supply of new launches in the North-East region the next few year, The Florence Residences will see an increase in demand. Buyers are still able to enter in at lower percentile.
Source: The Business Times
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