Property agents tap buyers' FOMO, claim price hikes at slew of condo, EC projects

REAL estate salespersons in Singapore have been riding on Pasir Ris 8's wave this week to advertise increased prices of units at multiple private residential projects, mostly situated in the suburbs and city fringe.

In social media posts and WhatsApp messages seen by The Business Times (BT), agents are urging buyers to snap up units before developers move on their apparent plans to raise prices by about 1 to 5 per cent.