Real estate consultancy Jones Lang Laselle (JLL) believes the Singapore real estate market in Year 2020 – both in terms of volume and price – will stand on the same grounds as 2019.
Particularly, office investment and investment in new residential projects will spearhead the growth in the new Year. Normanton Park is one such new private residential project on sale right now.
JLL says its research has shown that despite global headwinds, developers had sold more Singapore homes in 2H of 2019 as compared to 1H of the same year. Prices has also gone up steadily in Q2 and Q3 versus the two preceding quarters.
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