Singapore's property market witnessed a roller-coaster ride over the past year. Home sales plunged to historical lows during the April and May circuit breaker period. But at the end of the movement restrictions, property buying activities rebounded strongly across many market segments.
Although the coronavirus may continue to cast a shadow over the broader economy, global markets have already looked past current headwinds and are banking hopes on the success of Covid-19 vaccines. The pandemic has accelerated some property trends and spawned new ones that may present attractive investment opportunities for buyers.
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