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Published 3 years ago

Singaporeans snap up properties during worst ever recession

Summary

SINGAPORE - Singaporean Jason Chen recently bought a $1.7 million three-bedroom apartment in a swanky condominium, upgrading his home in the middle of the Covid-19 pandemic which has triggered the country’s worst ever recession. “I know the price will rise”, said the 32-year-old, who has spent nearly a decade working in real estate.

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Singaporeans snap up properties during worst ever recession

SINGAPORE - Singaporean Jason Chen recently bought a $1.7 million three-bedroom apartment in a swanky condominium, upgrading his home in the middle of the Covid-19 pandemic which has triggered the country’s worst ever recession. “I know the price will rise”, said the 32-year-old, who has spent nearly a decade working in real estate. Undeterred by the economic slump and rising unemployment, Chen is among thousands of locals snapping up property i…

3 years ago·Singapore

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