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Non-landed private homes in the suburbs reap big percentage gains in resale market in Q1

The most profitable trades in percentage terms come from homes in Outside Central Region where prices are up 36% over the last decade

Nisha Ramchandani

Nisha Ramchandani

Published Fri, Apr 22, 2022 · 05:50 AM
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SOME buyers who snapped up non-landed private homes in the Outside Central Region (OCR) walked away with solid gains as they divested them in the first quarter of this year, in line with the 36 per cent jump in prices in the OCR over the last decade.

According to data crunched by real estate consultancy Cushman & Wakefield, the top 5 profit-making deals by percentage in the resale market in Q1 2022 were all located in the OCR, with one seller netting a handsome profit of nearly 80 per cent in just under six years.

Cushman & Wakefield studied caveats for non-landed private homes with a prior purchase history and which were transacted in Q1 20…

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