New private home sales rebound in November amid supply glut: URA data
Despite a huge supply of private homes as a result of the many new launches in the past 2 years, sales and pick up rate of the new launches has remained strong and healthy. This is a strong indication that buyers and investors are very confident in the Singapore property market. Future investors and buyers of the upcoming The Florence Residences condominium can buy with confidence given it’s superior location in the mature estate of Clementi and the many amenities surrounding it.
Source: https://www.straitstimes.com/business/property/1147-new-private-homes-sold-in-november-up-23-from-october-ura-data
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