After a traditionally quiet period in the beginning of the year, residential rental market in Singapore has started to pick up in transaction volume as well as pricing. Notably, both private and public housing has performed better compared to the previous month.
Majority of the tenant pool originated from hospitality industry with the planned expansion of the two integrated resort which comprises casinos, shopping and hotels, situated at Marina Bay and Sentosa Island. Analyst expect the transaction volume will remain at existing high level till third quarter of the year.
Parc Esta is set to be tenant’s favourite being a lifestyle residence as well as close connectivity to work place, investors are banking on the proven track record on potential gain also attractive pricing and drove the steady sales in this Eunos Condo.
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