The sale launches for the first two projects in 2024 will set the mood for the next few months.
Despite many opinion leaders citing this as an encouraging sales results, I personally think that the buyer sentiment remains thin.
The main issue is about ABSD which penalize multiple properties owners. Which also means that choosing the right residential property to own has becoming more and more discerning.
The cost of mistake is higher than before when making the wrong purchase. Especially in a tightly regulated market like Singapore.
Moving forward, developers must work harder to woo buyers, not just having the best value to price, but also having an unique story to secure the buy-in.
