The challenging property market means that sellers have become willing to negotiate and this is more significant in the luxury market as it is worst hit by the government’s numerous property cooling measures, along with purchase prices dropping for six consecutive quarters. The quarter also saw many developers reducing their prices to find buyers in the property market.

Bellewaters EC Anchorvale Crescent Property Market

Despite the less than ideal performance in the property market, many buyers of Bellewaters EC who are quite rich are actually looking all around for top of the range properties currently under distress or are actually selling with volume discount rates via the developers. Real estate developers today are more prepared to take discounts because they currently have to pay for the development expenses should units remain unsold after TOP. This means that developers of Bellewaters EC are taking on more risk and …