The fear of losing out for most buyers caused a surge in property transaction volume in September despite that it happened to be hungry ghost festive season. Among the resale transactions, 33.9% were for units between 800 sq ft and 1,200 sq ft, while 47.7 per cent of transactions were for larger units of 1,200 sq ft and above. Resale condos still remained attractive due to its overall price tag and psf which buyers find it valuable. As more sellers cashed out from their existing property, more liquid cash will flow into the property market, causing a domino effect. Some will either get replacement home in the resale market or invest in new launch since there is progressive payment milestone. Juniper Hill is located in prime district 10, Tanglin district, and within 1km to ACS and SCGS and most importantly is freehold and near Stevens MRT station. With more launches in the CCR region launching next year, Juniper Hill will be an attractive and value buy.
Source: The Straits Times
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