A private residential project launched last weekend in Jurong East - TopicsExpress

A private residential project launched last weekend in Jurong East attracted saw a huge turnout. The project is launched at an average of $1,600 psf, possibly the highest for suburban projects year-to-date. Will this push resale prices of nearby projects higher? In the meantime, property developers have been bidding fiercely for suburban land parcels in recent weeks. Will the mass private home become too pricy? With the recent sell down in stock market and gloomy economic outlook, how is the overall private property market expected to perform going forward? Stay tuned to 财经追击 Money Week, TONIGHT 10.30PM!

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