Singapore property auction listings could rise 10% in 2020 due to coronavirus outbreak: The Business Times
Amid the Covid-19 outbreak and the uncertainty in the global economic environment, more properties in Singapore are expected to go under auction. Colliers International expects the number of auction list to rise by 10% this year in the retail, industrial and residential sectors. With the price gaps between sellers and buyers narrowing, success rate could significantly improved.
Source: https://www.businesstimes.com.sg/real-estate/singapore-property-auction-listings-could-rise-10-in-2020-due-to-coronavirus-outbreak
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