SRX
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Condo resale volumes down 14.5% MoM in August
Condo resale volumes down 14.5% MoM in August
Over 1,000 units were resold in August from 1,327 units in July.
Chart of the day: HDB rents rises by 1.5% MoM in July
Overall YoY rents increased by 19.1%.
Chart of the day: OCR logs largest volume for condo resale in July
The highest resold condo in the region cost $3.4m
Chart of the day: Condo resale volumes falls 30.7% in July
Only 1,248 units were resold in July, a decrease of 6.7% from June.
No recovery yet for HDB resale demand since cooling measures: analyst
HDB sales are 11.3% lower and below the 12-month average.
July posts 33 million-dollar flats sold – second-highest in a month
This number accounts for 1.4% of the total resale volume in July.
Rise of the rents: Condo and HDB rents continue monthly climb
Analysts are divided on why rents continue to increase.
Condo resale prices rise 9.4% in June amidst limited home supply in suburbs
But volumes are lower by 17% as more potential buyers opt to travel overseas instead of shop for new homes.
Chart of the day: May condo rents rise by 2.8% MoM
This is the seventeenth consecutive month that rents have increased.
Condo rents up 1.6% MoM for January 2022
HDB rentals, meanwhile, also saw a 1.2% increase.
HDB resale prices up 1.1% MoM in January 2022
At least 27 HDB resale flats were transacted for around $1m.
Condo rents pick up 1.1% MoM in December 2021
HDB rents also climbed 1.4% MoM, according to 99.co and SRX.
Condo rents up 1.1% MoM in November
HDB rents also increased by 0.8%.
Condo rents up 0.7% m-o-m in September
HDB rents, meanwhile, saw an increase by 0.6% m-o-m.
Condo resale prices up 1% in September 2021
An estimated 1,736 units were resold in September.
HDB, condo rents rise in August but volumes fail to match estimates: analysts
Domestic demand is propping up the leasing market, especially HDB upgraders.
More than 5,000 condos rented in July
Most of the rented condos for the month were located Outside Central Region.
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