- The second quarter of the year is likely to feature a few more exciting project launches such as Commonwealth Towers, Amber Skye, and Queens Peak.
- The total new sales transaction volume in H1 2017 is expected to reach 4,500 units, as compared to 3,675 in H1 2016.
- We maintain our projection of total sales volume for 2017 at 8,000 to 9,000 units, amid returning interest from locals and foreign buyers and the outstanding quality of new project launches that has brought significant owner-occupation interest back into the market.
- Island-wide private home prices will continue to decline, with landed home prices falling slightly more. Non-landed prices in the RCR and OCR are expected to face marginal declines or hold firm as market sentiments appear to have improved significantly in recent months.
More information here.
https://sgluxurycondo.com/news/q1-2017-residential-research/
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