Sales at 2 property projects buck cautious sentiment from virus outbreak

Recent successful launch of The M by Wing Tai and Luxus Hill by Bukit Sembawang shows that the impact of the coronavirus is rather mild. Low interest rates is still one of the factors why buyers are still buying and with several cooling measures in place, Singapore’s property market remains stable, unlike those times in 2003 where there are no cooling measures and market is more on speculative mode. Leedon Green with its attractive PSF as compared to other launches in Holland, will see an increase in demand with dwindling supply of freehold land.

Source: The Business Times

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