Kopar at Newton sold more than 20 units since the start of circuit breaker in April. Even though the resale volume dropped for the month of May, but the prices of property remained steady. There are still a group of buyers who are waiting to view properties physically. Once that happens and when more properties are sold, we would see a new supply of buyers who will either get replacement home or re-invest their monies into something else.
Source: The Straits Times
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