The recent success at the launch of The M by Wing Tai and Luxus Hills (contemporary collection) by Bukit Sembawang which both development achieved excellent sales figures reflect the confidence of buyers towards Singapore’s property market depsite the recent COVID-19. Part of the reason could be due to the low interest rates which encourage buyers to enter the market. Fyve Derbyshire being a freehold and brand new condo in the prime Novena district will continue to seek interest from buyer as supply of freehold land is dwindling and land cost will continue to go up.
Source: The Business Times
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