Proportion of loss-making transactions in resale market up in November

Singapore

THE share of loss-making transactions for landed and non-landed properties in the resale market ticked up to 17.1 per cent in November, from 15.9 per cent in October, in contrast to the more sanguine performance in the primary sales market.

This is according to data from Edmund Tie Research, which looked at the proportion of loss-making transactions in the secondary market over the course of this year.