According to Straits Times, analysts see positive signs in private housing price in 2019 due to the following factors:
- Supply of completed units is below the historical average for the next few years.
- Local demand still remains strong and it is coupled with new buyers from enbloc sales.
- Economy to remain in stable growth condition baring external shocks.
Due to the strong demand of the units at this area, all 3 and 4 bedroom units were sold at Mayfair Garden.
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