Even with cooling measures hitting the market abruptly on July 17, Singapore market still out performs Hong Kong market in the luxury private residential market price gains.
Singapore took over Hong Kong’s place as the number 1 luxury home price gains in quarter 3 of 2018. This shows that Singapore’s private residential market is stable and that the cooling measures have not affected the market much.
Even though market sentiments might have changed, the luxury market is still one of the most valuable investment in Singapore’s real estate landscape.
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