“Large supply was injected last quarter, and the island ’s total of approximately 6,900 units provided a wealth of options for homebuyers, complemented by competitive prices, excellent design, and good location attributes, greatly driving conversion. Demand It is project-specific and the entire market is unbalanced. The surge in demand is mainly due to projects such as Parc Clematis, Piermont Grand, Avenue South Residence, Tampines Treasure, One Pearl Bank and The Florence Residences.
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