Singapore condo resale volumes rebound in July, up 22.5%: SRX
Gains in overall volumes and prices driven by demand for condos outside of central region (OCR)
Singapore
SINGAPORE condominium resale volumes rebounded in July after falling for two consecutive months. Overall prices, meanwhile, continued to climb, according to flash figures from SRX Property on Tuesday.
Gains in overall resale volumes and prices were driven by demand for condos in the suburban or outside of central region (OCR). The OCR had contributed to more than half (58 per cent) of volumes; prices meanwhile, were up 1.6 per cent, the highest increase among the different regions.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Hybrid, flexible working set to curb Singapore office usage and rents
Australia home prices sustain growth in April, CoreLogic says
New York City’s rent-stabilised tenants face third year of price hikes
New Zealand house prices dip for first time in 8 months
Blackstone in talks to buy Dulwich schools in Singapore, Seoul for US$600 million
Strained Chinese cities struggle to pay home-buying subsidies