Signs of resurgence were observed for the first quarter of 2019. A total of 1,838 private new homes (excluding ECs) were sold by the developers, reflecting a steady growth in demand. It was closely comparable with the previous quarter.
On a yearly comparison, this was a 16.3% year-on-year (y-o-y) surge in the number of units sold as compared to the first quarter of 2018, whereby 1,581 units were sold.
What is the forecast? Is it time to buy, hold, to sell or switch?
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