Singapore private home prices up 0.5% in Q4, 2.7% for 2019 as take-up drops 13.5% for year
The increase number of purchases of new launches in 2019 shows that buyers are preferring them to resales now. This in turn increases the demand for new launches and eventually increases the prices for overall property prices in 2019. Early buyers of new launches are benefiting from the buoyant market as they are sitting on paper gains now.
Source: https://www.straitstimes.com/business/property/singapore-private-home-prices-up-05-in-q4-27-for-2019-ura
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