Singapore Condo Prices Up in June 2020
Median prices also registered an increase from prior months during the lockdown.
The record, however, kept in mind that main sales decreased 10% year-on-year during the first half of 2020.
Including executive apartments, new sales rose to 1,031 devices in June from 510 units in May.
Associated write-up: Check out Singaporeans’ mindsets towards the existing real estate climate in PropertyGuru’s Singapore Customer View Research H2 2020.
On a yearly basis, apartment sales boosted 21% with average device prices rising to $1,975 per sq ft (psf) in June from $1,849 psf in the previous month.
The top marketing projects from the previous month remain to hold their settings in June– namely, Prize At Tampines, Parc Clematis, The Florence Residences, Parc Esta, as well as Stirling Residences.
Procurements by international home buyers raised during the duration under review, thanks to online viewings/green lanes.
HDB resale quantity additionally picked up, with such buyers mitigating the leasehold threat of public devices.