I talk to a few property agents at RIVERFRONT RESIDENCES and they told me that people are still coming to the showflats despite the property cooling measures. Property Sales have still remain bullish given the current rush of En-bloc deals and HDB upgrades. To sweeten the deal, discounts of 3-7% is being given to cushion the property cooling measures, with sales being so strong.
APAC $0.78 (5JULY 2018) $0.58 (6 JULY 2018) -25.6% 12pm Price $0.61 +5.1%
PROPNEX $0.69(5JULY 2018) $0.52(6 JULY 2018) -24.6% 12pm Price $0.585 +12.5%
Are PROPNEX and APAC REALTY trading at a huge discount?? Time will tell the answer.