Singapore's palpable pickup in new home sales driven by ‘revenge buying' syndrome

Uploaded By:  Roxanne Uy Submitted By:  Staff Reporter Case Study:  No Developers moved 1,713 private residential units in Q2, with about 60% of transactions recorded in June. Owing to the Circuit Breaker (CB) measures from April 7th to June 1st, developers postponed their new launches during the period, because sales galleries were closed and physical contact with potential buyers was barred. However, Savills notes that developers continued to release units in their previously launched projects and, together with agents, applied online channels such as virtual viewings and sales webinars to promote the units. read more