Source: https://www.straitstimes.com/business/singapore-new-private-homes-seen-as-a-safe-haven-asset-amid-outbreak-looming-recession

Demand for ECs and new launches has surged by more than 105 percent from January, and 187 percent from the same time last year. With interest rates being cut and mortgage rates expected to decline further, demand for OLA is expected to be strong.

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