Singapore property measures may have tempered buying of small units

Singapore

GOING by recent government data, demand for one-bedder apartments, typically favoured by investors in the new home sales market, seems to have moderated, and the buying trend seems to have shifted to slightly larger units.

According to an analysis of caveats by OrangeTee & Tie, small units below 500 sq ft, usually the size of one-bedders, accounted for 63 units or 11 per cent of new home sales in August, below the monthly average of 100 units registered from January 2017.