Private Homes Prices Set To Continue Rising In 2020
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Private home prices in Singapore is projected to continue to rise in 2020, after clocking in 2.5% growth in the year of 2019, according to an article published in Business Times on 3rd January 2020, where we saw price growth for 3 consecutive quarters in 2019. <https://www.businesstimes.com.sg/real-estate/private-home-prices-expected-to-rise-this-year-after-25-gain-in-2019>
Riding on these healthy trend and figures, on top of strong performance clocked by the various new project launches across the island especially in Q3 2019, it will be interesting to watch how the new launches in 2020 will fare, with the ultra luxury project in District 9, The Avenir first up for preview. A strong showing for these projects launching in Q1 will definitely further reinforce the projected price growth for private residential homes in this year.
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