Covid 19 caused a dip in real estate market
Coronavirus outbreaks in 2019, under the shadow of a local march to save private resale price and trading volume is down by 0.1% month-on-month increase, and from, respectively.
Singapore real estate joint exchange SRX yesterday (14 April) released data showing the latest estimates, compared with a month ago, on behalf of upscale residential core central region (CCR), representing 0.1% lower median home other central region (RCR) fell by 1.7%, just outside the central (OCR), average home prices rose 1.3%.
Residential development project such as Avenue South Residence by UOL still remains one of the attraction in property investing. There will be a strong demand as most buyers in the market still favour newer development launches.
In volume terms, in March, 709 units changed hands more than 606 units in February, but cent lower than the same period last year.