CBRE Research notes in a report that Singapore will be a buyer’s market this year and potential customers will be spoilt for choice. “In light of the Covid-19 outbreak, Chinese buyers are unlikely to feature in the short term, ” it adds.
BUYERS will have the upper hand in the private residential market this year.
Sellers may need to check prices and sweeten their offers, with unsold inventory rising amid falling demand from China due to the coronavirus outbreak.
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