20/10/2024
"Next year will be a watershed year for Singapore's real estate as almost all new condo projects launching in 2025 are expected to raise the psychological benchmark to $2,500 psf for mass market new condo average launch day prices, especially with foreseeable lower interest rates amidst rising demand for properties in Singapore. The question we have to ask ourselves is... 'How much is too expensive?'" said real estate analyst Kiwi Lim who has been studying the real estate market for more than 10 years.
If you have any comments or if you are looking for new condo projects at safe entry prices, you may email Kiwi Lim at [email protected].
Norwood Grand located in Woodlands saw almost 85% of its total number of units snapped up within hours of at its preview sale today at an estimated average price of $2,050 psf (from my own estimate...