Sales of resale condos hit 2-year high in October as prices rise: The Straits Times

Private resale condo hit a record high in October with 1,509 units transacted, up from the previous high of 1,311 units in August, the record sales since May 2018. This was 72.9% higher than last October and 21.6% higher than September’s sales. Breaking this results down by the 3 different regions, the month-on-month price growth was led by Rest of central region by 1% increment, followed by Outside central region by 0.8% and lastly by Core central region by 0.5%. In Summary, mass market sales accounted for 58% of the total volume.

Source: https://www.straitstimes.com/business/property/sales-of-resale-condos-hit-2-year-high-in-october-as-prices-rise-srx-data

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