Modest private home price growth expected in Singapore
Price growth is expected to be modest in 2020. The higher take-up numbers of existing unsold units against the Government Land Sales (GLS) supply will result in a net reduction of approximately 12,000 units from the pool of unsold, uncompleted private new homes. Penrose condo will be the highly anticipated new launch in Rest of Central Region (RCR), in District 14, the city fringe of Singapore.
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