SINGAPORE PROPERTY MARKET: PRIVATE RESIDENTIAL PROPERTY MARKET (Q2, 2022)
Updated: Jul 25
Singapore's private home prices rose by 3.5% in Q2, five times the increase in the previous quarter. The private residential property price index increased to 180.9 in the second quarter, up from 174.8 in the preceding quarter.
Resale transactions accounted for about 62.2% of all sale transactions in the second quarter. There were 4,236 resale transactions in the last quarter, compared to 3,377 units in the preceding three months.
The number of non-landed homes excluding executive condominiums (ECs) bought by foreigners and non permanent residents rose from 144 units in the first quarter to 292 units in the second quarter.
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