What is driving property sales?

The property market has remained resilient in the face of Singapore’s worst recession since independence, with property prices and the number of property transactions increasing.

Singapore’s real estate market has long been attractive to both local and foreign investors. Singapore’s economic and political stability has given investors confidence that the value of properties they buy, would remain strong in the long run.

Even in this bearish economy, The Reef at King’s Dock sold around 90% of their units over the launch weekend. Beyond this instance, the persisting rise in property prices and transactions since last year, points to how property is the best asset class for investors.

Furthermore, with everyone having to stay in their respective residences, many homebuyers and investors have also realised during the early phases of the circuit breaker, the importance of owning a property. This has contributed to an increase in the number of residential property transactions.

Despite the recent increase in property prices, properties remain reasonably priced. This, coupled with the low interest rates, has encouraged homebuyers and investors to buy properties.

Owning a property allows you to build up your assets. At Wonder Homes, we have helped many homebuyers and investors add to their investment portfolio through their purchases of properties. If you would like to find out more, hop over to our website at www.wonderhomesg.com, and get in touch with us today!

Pamela Tan: 9457 6525

Shirley Wang: 9436 1909