Private home prices rise faster in Q3 despite Covid-19 recession

Source: https://www.straitstimes.com/business/property/private-home-prices-rise-faster-in-q3-despite-covid-19-recession

A recession does not discourage Singaporean’s buying tendencies. While demands for private homes increase, largely due to the better prospects of JadeScape as a worthy long-term investment, prices of homes start to increase as demands shoots up. Singaporeans were the ones making up bulk of the percentages of buyers of JadeScape and other new launches. JadeScape and Singapore’s property market is not shaken by the pandemic and the recession.

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