Singapore condo resale volumes rebound in July, up 22.5%: SRX
Gains in overall volumes and prices driven by demand for condos outside of central region (OCR)
Add BT as a preferred source
Singapore
SINGAPORE condominium resale volumes rebounded in July after falling for two consecutive months. Overall prices, meanwhile, continued to climb, according to flash figures from SRX Property on Tuesday.
Gains in overall resale volumes and prices were driven by demand for condos in the suburban or outside of central region (OCR). The OCR had contributed to more than half (58 per cent) of volumes; prices meanwhile, were up 1.6 per cent, the highest increase among the different regions.
TRENDING NOW
Size matters: OCBC’s Bank of Singapore doubles down on ultra-wealthy – and the bankers chasing them
Wilmar, Musim Mas among palm-oil firms in Indonesia under probe for suspected export under-invoicing
Is the UK student-housing party over? Singapore players face divergent prospects in PBSA market
Wilmar shares tumble 10.5% in early trade amid Indonesia probe
