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Luxury condo deals double in first half

Transactions of S$10m and above put up best showing since H2 2013; actual total may be even higher

Sigid Wonowidjojo, a member of the family that controls Indonesian cigarette maker Gudang Garam, is said to have bought a ground-floor unit of The Nassim (above) for S$20.25 million.
At Goodwood Residence (above), two penthouses were sold recently for more than S$10 million each.


CONDO transactions of S$10 million and above in the January-June period are up sharply from a year ago, marking the strongest showing since the second half of 2013. The strong pick-up was fuelled largely by foreign buying, attractive pricing and a general improvement in property