New private home launches to drive market pick-up over 2022

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In the wake of new cooling measures and the regular year-end slump, new private property sales here plunged 58% in Dec 2021 compared to Nov that same year. Private home prices grew at a slower pace, after December’s cooling measures, even as they rose for an 8th consecutive quarter to hit a historical high.

On SGExtra, Prime Time’s Timothy Go and Bharati Jagdish spoke with Desmond Sim, CEO, Edmund Tie to find out more. 

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