Resale volumes surge 39.6 per cent on the month to 3,049 flats.
resold at more than $1 million hit another all-time high in July with 120 transactions, while overall resale prices continued to rise on strong market volume in the month.
The jump in high-value sales in July brought the tally of million-dollar flat sales to 543, more than the 470 recorded in the whole of 2023. Resale prices rose 0.5 per cent in mature estates and 0.6 per cent in non-mature estates from the previous month. Overall, by room type, four-room flats were the most popular during the month, raking in 46 per cent of total volumes. Demand for three-roomers accounted for 24.9 per cent of resale volumes, and five-roomers for 23.5 per cent. Around 5.6 per cent of transactions were for executive flats.Mr Luqman Hakim, chief data and analytics officer at 99.
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