“SINGAPORE : Singaporeans can look forward to more property launches. The Real Estate Developers’ Association of Singapore (REDAS) on Thursday announced that its members will be bringing forward property launches. REDAS added that its efforts are only limited by the land available and hence the long-term solution to a stable market is still adequate supply.”
This bit of news from Channel NewsAsia basically says the REDAS will launch more projects and hence ease the rush for new private homes. It is an interesting turn of events considering that this occurs only after the government has announced its desire to cool the property market.
It will be a busy time for us property agents, but it is also a good time for prospective buyers to shop around for what they want. The biggest question is probably if prices will drop.
