Singapore luxury home sales soar to new high

Singapore

SALES in the luxury sector are on a roll as Singapore reopens progressively. In particular, deal volumes of high-end housing have climbed to a fresh record.

Activity in the posh residential market - specifically, residential units priced above S$10 million - has stayed buoyant this year and even outperformed sales of watches and jewellery, said the Institute of Real Estate and Urban Studies (IREUS) at the National University of Singapore.