Singapore's Condo Resale Prices And Sales Drop In February, Hurt By Virus Outbreak

Source: https://www.businesstimes.com.sg/real-estate/singapores-condo-resale-prices-and-sales-drop-in-february-hurt-by-virus-outbreak

 

Last month, in February, we had seen a board based decline in sales across all three market segments due to the Covid 19 situation and also a seasonal slowdown due to Chinese New Year.  Given the uncertain external environment posed by Covid-19, many sellers and potential buyers postponed their viewings, with buyers hoping to pick up bargain deals in time to come.  We are expecting sales to improve when the pandemic situation improves.

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