Modest private home price growth expected in Singapore
Majority of the analysts and experts expect by end of 2019, developers are able to move between 9,200 and 10,500 private homes. This is an increase of sales volumes as compared to 8,795 units last year. For year of 2020, majority of them forecasts that the range will be from 8,000 to 11,000 units.
Despite the cooling measures implemented over the years and the recent economic slowdown, the release of the draft Master Plan 2019 in March by Urban Redevelopment Authority has been a key stimulus that supported private residential demand in 2019.
In early 2020, Hyll on Holland will be launched with much anticipation. This freehold development is the adjoining developments of former Estorial and Hollandia.
Hyll on Holland showroom will be opening to the public soon. Please register your online appointment soon.
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