Direct Developer’s sale surged 75% in May as compared to April, during the circuit breaker period and a large percentage of these new sales are located in outside central region and rest of central region. Observers attributed this increased based on the more affordable quantum of homes outside of the core central region and also the reports that more wealthy foreigners are buying up real estate in Singapore. Treasures at Tampines, Parc Clematis and The Florence Residences were May’s top three best-selling projects.
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