The overall resale property market sales in Aug 2020 exceed that of in 2019. This is the effect of the “pent-up” demand caused by the circuit breaker. With more resale properties sold, there will be more monies floating in the market and these owners either eventually will reinvest their funds or get a replacement home. With that, we would expect to see more new launch units sold as there’s dwindling supply in land, especially the freehold land, over the next few years. Wilshire Residences is one of the most affordable brand new freehold property in the District 10 part of Singapore and within 1km to top school Nanyang Primary School.
Source: The Straits Times
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