Secondary home sales volume increased in August , outperform than that in 2019. The clearly illustrated the effect of pent-up demand as no physical viewings are allowed during the circuit breaker. Singapore’s property market remained stable as we have several instrumented cooling measures in place to prevent speculation and furthermore, with the stricter borrowing from bank, this prevent loan bubbles. Fyve Derbyshire have sold more than 63% of its total units and with it freehold tenure and close proximity to good schools and amenities, it will gradually sell on its own.
Source: The Straits Times
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