Condo resale volume up 17% in March

The number of transactions for resale of private non-landed homes have increased by 17% in March, compared to February. Meanwhile, prices have remained fairly constant.

When compared to March 2019, the number of transactions in March 2020 would reflect a drop of 13%.

Property portal SRX reported a figure of about 700 units have been resold in the month of March 2020.

The most expensive resale unit sold in March 2020 was $10.5 million for a luxurious apartment at The Ritz-Carlton Residences, which is located at Cairnhill Road.

 

Source: https://www.straitstimes.com/business/property/condo-resale-volume-up-17-in-march

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