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Fresh mortgagee listings in Q2 set record

Mortgagee sales make up 81.7% of total auction sales in the quarter, says Knight Frank

Published Tue, Aug 2, 2016 · 09:50 PM
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A NEW high in fresh mortgagee sale listings was set in the second quarter in Singapore, according to data compiled by Knight Frank.

A total of 31 fresh listings came up in auctions. The residential sector led the way with 21, followed by the industrial sector, six, and the office and the shops and shophouses sectors, two each.

Despite the lower mortgagee sale success rate of 6.6 per cent in Q2 as compared to 10 per cent in the …

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