Likely hotspots for private housing market in H1 2022

piccadilly-grand-likely-hotspots-for-private-housing-market-in-h1-2022-singapore

In land scarce Singapore, with Covid’19 pandemic still ongoing, developer will be expecting a higher land cost, construction cost and this will definitely reflected in the future purchase price. In 2022, the property market will be experiencing the absence of mega launches, and lower supply. The lower supply of homes is the biggest downside for buyers as they will have less choice.

With the future price of the land that is going to increase and there has been little to no supply in the past few years at Northumberland Road, Piccadilly Grand will be the attractive development in current new launch at District 8.

Source: Business Times

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