Condo buyers go for pricier, larger units in Q2
Proportion of new units priced above S$3 million rose to 5%, up from 3% in the first quarter: Edmund Tie
Add BT as a preferred source
Singapore
BIG ticket private homes seemed to be gaining popularity, with the proportion of both new and resale units priced above S$3 million seeing increases, according to a report released on Monday by real estate consultants Edmund Tie.
For the second quarter, new sales were up 30.6 per cent at 2,246 units, from 1,720 units a year ago. The proportion of new units priced above S$3 million rose to 5 per cent with 112 units sold, up from 3 per cent in the first quarter with 52 units sold.
TRENDING NOW
CapitaLand Investment to restructure portfolio, recycle up to S$9 billion
Genting Singapore H1 profit falls 33.5% to S$156.1 million despite stable revenue
MSCI drops S-E Asian heavyweights Sembcorp, GoTo and Ayala Land from global benchmarks
DBS names new heads for Hong Kong, Taiwan and Indonesia markets
