In Singapore, the number of condominium units purchased by foreign buyers experienced a decline in the second quarter of 2023. The decrease, amounting to 22.6%, resulted in the sale of 205 private non-landed homes, down from 265 units in the preceding quarter, according to data from OrangeTee & Tie. This decrease followed a significant increase in the additional buyer's stamp duty (ABSD) for foreign...
The resale prices of condominium units in Singapore witnessed a fifth consecutive quarterly growth between April and June, although the increase was at a gentler rate and with fewer units being sold.According to a report by OrangeTee & Tie released on Tuesday, the prices slightly escalated by 0.6% in the second quarter of 2023, a contrast to the 2.9% hike in the initial three months of the...
In July, the prices for Housing Board (HDB) resale flats in Singapore experienced a modest rise of 0.3%. This indicates that the price increase rate is diminishing, even though more transactions took place.For three months in a row, the increment in HDB resale prices has been under 1%. Data provided by real estate websites 99.co and SRX implies that buyers may be resisting higher prices.According to...
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