As the world economy plunged into a crisis during the Covid-19 pandemic, Singapore has reportedly entered a recession. With the second-quarter gross domestic product (GDP) taking a 41.2 percent dive, Singapore’s economy has also contracted by 12.6 percent on a year-on-year basis. Naturally, these shake-ups have ripple effects on the property market, which was already experiencing changes in prices and transaction volume over the first half of 2020. Beucase of these effects, there are several factors to consider before property buyers sign off on the dotted line to buy their dream estate. Below, we outline some pros and cons that can help guide you in your purchasing decision. Changes in GDP and Property Price Indices Covid-19 Presents Difficulties For Many Home Buyers Social distancing measures are still advocated by the government during this post-Circuit Breaker time, which can hinder property viewing and slow down or

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