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Will landed homes continue their momentum in the Singapore market for 2021?


May 24, 2021
Stackedhomes
The landed property market saw a strong pick up in Q4 2020. Back then, we heard plenty of market watchers speculate that landed prices had to come down soon; it just took time for Covid-19’s effects to bite.
Well, it hasn’t happened yet; and so far demand has been unrelentingly high. Case in point: The sale of a $128.8 million Good Class Bungalow (GCB) along Nassim Road, in Q1 of this year, at a jaw dropping $4,005 psf.
And it has barely been 2 months since – and there have been reports of that record being broken. A GCB on Cluny Hill is in the early stages of a sale at $63.7 million, or a potentially new record of $4,291 psf. ....

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