Private home resales up 8.4% in H2 from H1
But new sales by developers and subsales continue to fall, down 36% and 9.4% respectively, according to DTZ analysis
Singapore
IN what could be a ray of hope for a recovery in resale volumes of private housing transactions, the number of units transacted in this segment rose 8.4 per cent to 2,528 in the second half of last year from 2,332 in the first half, according to DTZ's analysis of caveats data from URA Realis.
Resales refer to transactions of completed properties.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Sony’s plans for Paramount include sale of famous studio lot
Frasers Property in talks to sell serviced apartments, former Zouk warehouses in Jiak Kim Street, say sources
Seoul to unveil property debt measures next week
Hong Kong’s new home sales hit record high of US$5.4 billion
Chinese cities lift curbs on buying homes as property crisis bites
Shophouse sales surge and at higher prices in Q1 as high-net-worth investors return: Knight Frank