Singapore new homes transaction surges to 1,227 units, highest in 11 month even thought it is Hungry Ghost month. Local Singaporean makes up for majority of the purchases approximately 84.7 per cent. Forett At Bukit Timah a freehold development was the first new launch to be launched after “circuit breaker” transacting 212 units.

New development with great location attribute coupled with lower borrowing cost because of low interest appear to be the factor of this increase in volume. Seeing more acceptable pricing in city fringe and mass-market from buyers who are upgraders from their existing abode.

Guoco Midtown Bay a new launch opposite Suntec city in the heart of Singapore with strong attributes like short stroll to vast dining and shopping choices, awaits you.

Source: The Business Times

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