As prices across all sector including raw materials increased as a result of Covid-19 pandemic, new launches prices are expected to increase further in 2022. As land supply is lower this year and keep up with the constant demand, property prices of new launches are like to moderately increase. Properties have always been regarded as a sound and safe investment to hedge against inflation. The positives from increased demand are likely to offset the negatives from the government measures and uncertainty. Lentor Modern
Source: The Straits Time
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