The 1st quarter 2021 property prices surpass the results in 2020 despite of the dull economy caused by covid-19. The strong sales in RCR new condo like Normanton Park and Reefs at Kings Dock contribute the most to the overall sales performance. High demand for domestic use of property and foreign investment continue to lead to strong property sales both in the primary and resale segment. Peak Residence with its close proximity to good schools and future Mount Pleasant transformation, and most importantly its attractive PSF from $24xx psf for freehold property, is value for investment. Its tranquil and peaceful environment as compared to the central Novena definitely makes it more attractive for own stay and yet is close to most amenities.
Source: The Business Times
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