More landed homes sold in Q3 as buyers seek to guard wealth
Lockdown easing, low rates, supply issues led to highest quarterly figure since 2018 Q2
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
MORE landed homes changed hands in Q3, as price expectations between sellers and buyers came to an easier match amid a lower-for-longer rates environment.
Data from OrangeTee & Tie showed that in the third quarter of this year, a privileged group snapped up 544 landed homes, more than doubling the previous quarter's 212. It is also the strongest quarter since Q2 2018 when 775 landed homes changed hands.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
