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Singapore condo resale volumes pick up, prices hold steady in June: SRX

Jump in transactions reflects "pent-up demand" from circuit breaker and semi-lockdown period

Published Tue, Jul 14, 2020 · 09:50 PM

Singapore

RESALE prices of non-landed private homes were stable in June, with sales volume recovering from the previous month, according to flash figures from real estate portal SRX Property on Tuesday.

Last month, 497 units were resold, representing a 174.6 per cent increase, or more than double the 181 units resold in May this year. However, last month's resale volume is 26.3 per cent lower than in June 2019, and a 40.7 per cent drop from the five-year average volume for the month of June.

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