Despite the Covid-19 situation, the world is witnessing how Singapore is tackling the outbreak with several effective measures to keep the numbers down. In addition, the government has put in place many economy boosters to keep businesses and daily life up and running.

Singapore continues to attract capital inflows and many overseas buyers have strong support in Singapore as a safe haven for security and property market, given its strong government policy in maintaining a well-balanced housing supply and demand to ensure competitiveness. In conclusion, local and overseas buyers look for a country that is transparent and is proactive in taking measures in any crisis- be it financial or health- Singapore looks attractive.

The Covid-19 pandemic has certainly amplified interest in real estate. When the crisis clears, investors from China and elsewhere in Asia will come in with a vengeance. Meanwhile, local buyers can take this opportunities to look for good buy as several developers look to offer limited-time promotion for their new launches.

Penrose @Sims Drive is one of the new launches under the Geylang & Marine URA Masterplan and Kallang URA Masterplan that is launching soon with attractive pricing in this popular city fringe location. Book an appointment now or dial us at 6100-9963 for an online presentation to book your choice unit.

Source: https://www.edgeprop.sg/covid-19-amplify-attractiveness-of-singapore-real-estate-market/

www.penrose-cdl.sg I Penrose