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Home Sales Rebound, But Commercial Sectors Soften

Global uncertainties have continued to dent leasing demand for Grade-A office space in Central. Compounded by a hastened pace of decentralisation, rents in the CBD will continue to soften.

The housing market witnessed a sales rebound in March, making it the first month that saw over 5,000 monthly transactions since July 2018.

With rising tourist arrivals and new market reach, both sentiment and sales are likely to improve gradually in the second half of the year.


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