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More home buyers sign on dotted line in May, drawn by discounts, low rates, affordability

Published Wed, Jun 10, 2020 · 09:50 PM
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Singapore

NEW private home sales jumped 74.7 per cent to 484 units in May from 277 units in April as stay-home buyers zoomed in onscreen to their dream home.

Despite a full month of circuit breaker amid a relentless barrage of layoff and wage cut news, buyers were not deterred as they picked more affordable homes, according to Christine Sun, OrangeTee & Tie, head of research & consultancy.

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private home sales
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