Singapore's condo resale volume nearly doubles in July: SRX
Jump in resale volumes attributed to pent-up demand built-up during circuit breaker period, say analysts
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Singapore
PENT-UP demand and a surge in HDB upgraders entering the market nearly doubled the resale volume of non-landed private homes in Singapore in July; 978 units were resold, up from the 496 units resold in June 2020.
Volumes were 10 per cent higher from a year ago and 9.3 per cent higher than the five-year average volumes for the month of July, going by flash figures from real estate portal SRX Property on Tuesday.
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