Amid the cooling measures, Singapore’s Private Property Market has remained resilient. Prices for Private Homes rose to their highest in half a decade to 150.8 points (based on the Private Property Index). This has beat all estimates and reversed a short decline in prices during 2018. Developments located near major transformations, like Kent Ridge Hill Residences, have the most to benefit from this spur, as investors scrutinize the upcoming launches.
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