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D01
Boat Quay/ Raffles Place
D05
Buona Vista/ West Coast
D09
Orchard/ River Valley
The SIBOR is set to go down further as more countries are looking to cut interest rates. With a decrease in the cost of borrowing, it bodes good news for the well-prepared who have the capacity to purchase a property at this point in time. Additionally, we are entering a rare scenario in which we are looking at an oversupply of properties in Singapore. Both of these coupled together would mean it is not just a buyer’s market, but also the perfect time for a buyer to enter.
However, this perfect buyer scenario we are in may not be for long. A slowdown in property transaction activity will eventually build towards a pent-up demand in the market, which will continue to push property prices higher post-crisis, which we saw happen after the end of ‘97 Asian Financial Crisis, ‘03 SARS, and ‘08 Global Financial Crisis.
D14
Eunos
D18
Tampines
D19
Hougang
D19
Hougang
D20
Ang Mo Kio
Bishan/ Thomson
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