Singapore’s property sector has undergone a roller-coaster journey in 2020 amidst Covid-19 Pandemic. During the April and May circuit breaker era, home prices plummeted to historical lows. Yet property purchasing practices rebounded rapidly through several business segments at the conclusion of the campaign constraints.
Although the coronavirus may continue to cast a cloud on the larger economy, existing headwinds have also been underestimated by financial investors and banking expectations for the future of the Covid-19 vaccines. The pandemic has exacerbated several developments in property and spawned fresh ones that may provide investors with lucrative investment opportunities.
We give a glimpse on how this year will happen to the property sector here, and the main factors to keep an eye on. Continue reading
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At one point, the deal was very close to completion, and at another point, it didn’t look like it would be finalized. But this on and off deal apparently looks like it would be nearing its conclusion.
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