A recent news article from Channel News Asia reported that home buyers are still buying resale private property. And it was reported that data from URA shows resale private property make up of 50% total private property transaction. The rate of changing hands is growing faster now and an increase of 30% since 2007.
So look like everybody is still confident that our economy will continue to grow despite that USA unemployment rate has hit to 9.6%.
So what is your view on this? Will property price continue to rise? Or there will be more people buying private property?
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