SUBSCRIBERS

Amid poor home sales in April, the rich are still shopping - for posh properties

URA Realis data shows a number of luxury projects continued to move units after circuit breaker measures implemented

Published Fri, May 15, 2020 · 09:50 PM

    Singapore

    DESPITE a plunge in sales of new homes in April, the very rich had no problem forking out for their favourite asset amid the circuit breaker.

    There were five homes sold last month costing more than S$5 million each, the highest was a S$13.8 million unit at 15 Holland Hill.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Copyright SPH Media. All rights reserved.