Sales at 2 property projects buck cautious sentiment from virus outbreak

The M by Wing Tai achieved a total sale of 392 units out of 522 units and Luxus Hills by Bukit Sembawang fully sell out their contemporary collection. This shows that impact of the coronavirus has little impact on the new home sales. This could be partly because of our relatively low interest rates, which encourage buyers to still enter into the property market. At the same time, with several cooling measures in place, Singapore’s property market remain stable.

Source: The Business Times

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