Proportion of loss-making transactions in resale market up in November
Add BT as a preferred source
Singapore
THE share of loss-making transactions for landed and non-landed properties in the resale market ticked up to 17.1 per cent in November, from 15.9 per cent in October, in contrast to the more sanguine performance in the primary sales market.
This is according to data from Edmund Tie Research, which looked at the proportion of loss-making transactions in the secondary market over the course of this year.
TRENDING NOW
Analysts raise DBS targets to as high as S$81 after record Q2 net profit
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
Malaysia’s Tabung Haji reckoning: The billions lost, the rescue and what comes next
