which was sold for $20 million, indicating “demand for luxury-sized units in pristine ready to move-in condition”, says Keong.
Based on URA data, prices for landed homes continued to increase in the second quarter by 2.9%, bringing the price growth to 7.3% for 1H2022. The half-yearly growth was steeper than 6.3% in 1H2021, despite cooling measures enacted in December last year.“Transaction value for landed homes reached a total of $2.9 billion in 1H2022, a 46.9% decline from $5.4 billion recorded in 2H2021,” states the Knight Frank report.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: