As reported by Straits Times, analysts are seeing good signs in private housing price forecast in 2019. The positivism is mainly due to the factors below:
- Supply of completed units is below the historical average for the next few years.
- Local demand still remains strong and it is coupled with new buyers from en bloc sales.
- Economy to remain in stable growth condition baring external shocks.
Woodleigh Residences sales should benefit from positive buying sentiments in 2019.
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