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Buyer's market for private homes due to unsold units CBRE

As more and more developers are going to launch their projects in this year, there is a worry among investors that prices will start to drop. On the contrary, seasoned property investors will know that this is in fact good news for them as the high number of unsold units will keep prices in checks due to competition among developers.

Penrose condominium which is going to launch soon in the mature estate of Aljunied is going to be a highly anticipated project where it will attract a lot of interests.

Source: https://www.straitstimes.com/business/property/buyers-market-for-private-homes-due-to-unsold-units-cbre

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