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Author: leahlim   |   Latest post: Thu, 27 Feb 2020, 3:28 PM

 

The great price divide

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SINGAPORE (EDGEPROP) - The premium that new project launches are commanding has widened the price gap with older resale properties in their midst. Will the new highs being set by the latest offerings lead to a recovery in the resale market this year?

New launches of prime condos in Districts 9 and 10, especially those developed on sites purchased during the collective sale fever of 2017 to 1H2018, have achieved new benchmark prices in their respective neighbourhoods. A consequence of that is a widening price gap between new and resale non-landed homes (primarily condominiums and apartments).

 

 

Read more: https://www.edgeprop.sg/property-news/great-price-divide

 

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