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by OrangeTee & Tie Pte Ltd.

Luxury home sales in Singapore’s central region hit 10-year high in Q2: Report

Others

Private Luxury Market

Singapore, 28 Sep 2021

Homes in Singapore's Core Central Region areas hit a 10-year high in the second quarter this year, based on a report released by property firm OrangeTee on Tuesday (Sept 28).

Data from the Urban Redevelopment Authority (URA) showed that private home sales in the core central region surged 25 per cent quarter-on-quarter to 1,930 transactions. This is the highest showing since the fourth quarter of 2010 when 2,014 units were sold, OrangeTee said.

More than 200 units of what OrangeTee dubbed “super luxury” new condominiums were also sold for more than S$3,000 psf this year.







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