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Buyer's market for private homes due to unsold units CBRE

With the number of record new launches and the high number of unsold inventories in the residential new launches, developers are unlikely to raise prices and would rather maintain prices so as to attract more buyers. This is good news for potential buyers as they are almost certain guaranteed of attractive prices with a wide array of projects to choose from.

The Florence Residences stands out in this area with it’s club condo concept and more than 1400 units for potential buyers to choose from. Buyers can benefit from the attractive pricing which in turns yield more returns for them when the market recovers.

Source: https://www.straitstimes.com/business/property/buyers-market-for-private-homes-due-to-unsold-units-cbre

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