Condo resale prices climb 1.5% in April as volumes hit 13-month high

Over 1,100 condo units changed hands, up from 911 units resold in March.

Flash data from SRX and 99.co showed that 1,122 condominium units changed hands in April, up from 911 units in March.

Property analysts from real estate agencies Huttons, PropNex and Singapore Realtors Inc observed an increase in foreign buyers during the month. This led to resale condo transactions in the core central region , or prime district, rising 23.3 per cent compared with March. Huttons Asia chief executive Mark Yip said ultra-high-net-worth individuals may be relocating to Singapore for its excellent business-friendly and living environment. The stable political landscape may be a key factor behind these individuals’ choice of Singapore as a safe place to live.

“This is because the increased marketing activities have raised buyer awareness of private homes in the same area,” she said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

straits_times /  🏆 5. in SG

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Condo resale prices rise 1.5% MoM and 5.1% YoY in AprilpstrongAcross submarkets, OCR posted the highest year-on-year price increase./strong/p pCondo resale prices picked up in April, rising 1.5% MoM and 5.1% YoY, according to data from 99. co and SRX showed./p pAcross submarkets, the Rest of Central Region (RCR) posted the highest month-on-month increase in prices at 2.
Read more »

Condo rental prices dip in April after brief March respite, continuing 9 month declineIn contrast, HDB rental prices continue to surge, reaching new all-time highs.
Read more »

Condo rents dip 0.4% in April while HDB rents inch up 0.3%A limited supply of HDB flats available for rental pushed rents up, said an analyst.
Read more »

Condo rents dip 0.4% in April, HDB rents inch up 0.3%A limited supply of HDB flats available for rent pushed rents up, said an analyst.
Read more »

Condo sales to foreigners down 71% since ABSD hike in April 2023The drop in foreign buyers was more stark in the prime district.
Read more »

Boost for native flora and fauna: Restocked wild population, revised guidelines for developersNParks' species recovery programme aims to conserve 100 plant and 60 animal species by 2030.
Read more »