Morgan Stanley, an international renowned investment bank, has mentioned private property prices in Singapore to stay on track of its increase. This is attributed to faster income growth supporting the buying demand; which has outweighed the recent property curbs.
Improving economic growth of the republic may continue to attract foreign investments, by being a global and regional hub. Furthermore, Morgan Stanley notes that housing supply is below historical averages and still declining. This is why units in The Garden Residences have been selling off fast, and we encourage potential buyers to make a soft-reservation of their choice units before visiting the showflat.
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