1,780 new private home were sold in March – the highest since June 2013. The 5 top-selling projects were – Grandeur Park Residences, Park Place Residences, Inz Residence EC, Parc Riviera and Sol Acres EC.
We have noticed greater market confidence from buyers and investors alike with the announcement of the tweaking of cooling measures. The market is active with positive sentiment.
The trend is expecting to continue in second quarter where buyers are prepared to pick up units that are rightly priced. With the strong pitch for the recent private units sold, the market is heading towards recovery and further price increase in the near future. Buyers today are taking advantage of the current pricing before any possible upwards of price increase with stronger demands.