New home sales up 114% in Feb, amid virus outbreak
Singapore’s new home sales surged more than 114% comparing to statistics from a year ago and defying the Covid-19 outbreak. Home buyers are still on the lookout for good value new launches as the persistently low rates are giving a good support to housing demand. Singapore’s real estate market has been resilient with limited land supply, good transportation infrastructure and amenities in most new homes, along with fundamentally prudent measures enforced by the government in 2013 to discourage short term speculators.
Penrose@ Flora Drive is located under the Geylang and Marine Parade URA Masterplan and Kallang URA Masterplan ,with the wide array of amenities located nearby for the families. You will not want to miss this development with such affordable pricing. Book a showflat appointment now or just dial +65 6100 9963 for more discussion.
Source: https://www.sph.com.sg/new-home-sales-up-114-in-feb-amid-virus-outbreak/
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