16/06/2020
What will happen to the property market after Covid-19? Here's a good reference: After SARS, most buyers did not have the ability or willingness to enter the property market, while affordable lending post-H1N1 enabled buyers to enter the market relatively quickly. The attractiveness of real estate as a safer asset also caused many investors to shift away from financial instruments, and relatively high HDB prices caused many HDB upgraders to choose private properties over public flats.
Covid-19 has sent the private home market into a ‘pause’ mode, especially with the movement controls