March 20, 2025

Resilient resale condo activity in February amidst robust new launch marketSales momentum in the resale condo market rallied in February, with 892 condo units worth $1.97 billion being resold during the month - compared with the 868 resale transactions valued at nearly $1.91 billion transacted in January. The pick-up in market activity could have been spurred by a flurry of new launches, which may

January 17, 2024

The resale condo market took a step back this year, recording slower sales activity compared with previous years. Caution prevailed over the market throughout the year, with buyers reeling from the elevated interest rates, muted global economic growth, as well as the higher stamp duty rates being levied on investors and foreign buyers. In 2023, under 10,000 condo units changed hands in the resale

July 19, 2023

A suburban condo project in Simei – Double Bay Residences – chalked up average resale gains of more than $625,000 across four resale transactions. In June, several resale condos in the suburbs have garnered relatively decent gains amid the resilient demand for homes, based on caveats analysed by PropNex Research. First, some details about the methodology which entails a comparison of s

September 21, 2022

Supported by healthy housing demand, resale condos in the suburbs and city fringe have garnered relatively decent gains in August 2022, based on caveats analysed by PropNex Research.First, some details about the methodology which entails a comparison of sales caveats. The gains garnered for the units were derived by matching the condo resale transactions in August with their previous purchase pric

April 1, 2022

Facing A Fluid IndustryMany key issues surround us all the time with varying degrees of effects on our lives and the world around us. And many times, such occurrences are beyond our control. Key issues that affect us such as a pandemic, the Russian-Ukraine conflict and/or sanctions imposed, where much uncertainty looms over the economy and our future. Or perhaps the rising interest rates and recen

May 15, 2009

Private property sales in April 2009 reached 1,207 units, a mere 1% dip from March 2009’s 1,220 units sold, cementing signs that the property market here is improving. Despite the dip, this is still the highest number of units sold per month since August 2007. Another sure sign of blossoming market confidence was that fact that about 333 units, or about 28% of all transactions, were priced b

April 15, 2009

At 1,220 units sold in March 2009, sales in the private property market have continued to remain encouragingly buoyant, despite a slight dip of almost 8% from February’s 1,323 units. After February 2009, this still remains the highest number of units sold per month since August 2007. In fact, even the higher-end property market showed a flicker of life, with one property transaction, namely