Singaporeans snap up properties during worst ever recession

Marina Bay, Singapore. Photo: Victor He/Unsplash

Singaporean Jason Chen recently bought a S$1.7 million ($1.26 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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