General sluggish sentiment on the property outlook as well as likelihood of even more drop in property prices will obstruct the number of transactions quantities inside the private property market, especially of resale homes, said Propnex for Sembawang Parc Life. The report underlined the government’s reluctance to wind down the house and property cooling measures especially the TDSR at this point, interested investors will adopt a less active strategy and cheaper properties overseas as most of the reasons maintaining purchasing desire down for Fraser Sembawang Condo.
Sembawang Parc Life EC
Aside from the brief blip during the world-wide financial meltdown, which usually doesn’t take long to recover back to state, real estate property investors have generally been sitting on above and beyond attractive paper gains inside the previous property cycle,” she said.
From the resale market, although a few units have already been priced lower, you will find real estate sellers looking to hold off until such time as current market conditions are more beneficial. Alternatively, interest in new home projects in Sembawang Parc Life is expected to be much better as developers have more ways to promote projects strategically as well as creatively to get real estate investors in Fraser Sembawang Condo Parc Life.
Parc Life Fraser Centrepoint
Along at the unveiling of North Point Exhibition for Fraser Sembawang Condo on 1 August, Group CEO of Frasers Centrepoint Lim Ee Seng said, “Home owners at Northpark Residences won’t only get to enjoy the life-style choices and terrific convenience that Northpoint City delivers, they’ll at the same time make use of what currently Nee Soon offers for Sembawang Parc Life.
As sellers believe there will be still a long time well before interest rates raise, and also due to their very own existing financial equity gains, these existing home owners are unlikely to lower their very own price expectations. Also, these property owners could possibly time their own exit to be able to minimize or to avoid paying Seller’s Stamp Duties (SSD) impose by the local government bodies in Fraser Sembawang Condo.
The mega venture includes the largest shopping center in Fraser Sembawang Condo within the northern part of the city state, a residential development North Park Residences, the very first Neighborhood Club for being based in a shopping mall, a sky open regional community garden, along with a brand new township plaza.