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PR Newswire
05-08-2020, 12:20 AM
Forett at Bukit Timah is going to be launched this weekend. In fact it will be a litmus test for the property market during this covid-19 period. The developers are upbeat on their response where from insider news that there are a total of almost 1,000 people who came to the showflat with strong interest. This was with viewing possible with a form filled up together with a cheque.
For a development in such big scale, developer is expected to launch only 50% of the total no. of units. The total sales is expected to be 20%, which is positive in todays market. For potential buyers who would like to have another look or opinion on this development can check out the Forett at Bukit Timah review at some sites online.
With market sediments in mixed views, looking at the number of units sold in the past month, after Singapore opened up to Phase 2, there is a strong buying demand. In fact, sellers are more realistic in their sales prices and buyers are genuine in offering. There is this pent up demand in the market whereby people have wanted to get into the market but unable or unwilling to pay high prices pre-covid. Forett at Bukit Timah is one of its kind development with the rare freehold status.
On top of this, there is also a group of foreigners who has a strong believe in Singapore, with its political stability, safety and land scarce. The Chinese buyers are expected to move here after the china-us trade war. On the other hand, people who live in Hong Kong will like to move to a more stable country alike Singapore. In fact there are also a handful of US citizen who would prefer Singapore with presidency in US going "crazy"
We look forward to the launch and will know where the market will head to. Can it be for better or for worse, time will tell and I'm sure that Penrose condo will be next to feel the impact on either the positive or negative side of things.
For a development in such big scale, developer is expected to launch only 50% of the total no. of units. The total sales is expected to be 20%, which is positive in todays market. For potential buyers who would like to have another look or opinion on this development can check out the Forett at Bukit Timah review at some sites online.
With market sediments in mixed views, looking at the number of units sold in the past month, after Singapore opened up to Phase 2, there is a strong buying demand. In fact, sellers are more realistic in their sales prices and buyers are genuine in offering. There is this pent up demand in the market whereby people have wanted to get into the market but unable or unwilling to pay high prices pre-covid. Forett at Bukit Timah is one of its kind development with the rare freehold status.
On top of this, there is also a group of foreigners who has a strong believe in Singapore, with its political stability, safety and land scarce. The Chinese buyers are expected to move here after the china-us trade war. On the other hand, people who live in Hong Kong will like to move to a more stable country alike Singapore. In fact there are also a handful of US citizen who would prefer Singapore with presidency in US going "crazy"
We look forward to the launch and will know where the market will head to. Can it be for better or for worse, time will tell and I'm sure that Penrose condo will be next to feel the impact on either the positive or negative side of things.