by OrangeTee & Tie Pte Ltd.

Luxury condo sales surged 72% in Q1 despite weak property market

OT Research Reports

Q1 2020

Singapore, 03 May 2020

965 luxury condo units were sold in Q1 2020, up 72% from Q1 2019. “The stellar sales could be attributed to the new sale segment where 554 new luxury condominiums were transacted last quarter,” noted Christine Sun, head of research & consultancy at OrangeTee & Tie. 

Ms Sun also goes on to discuss more on price trends in the luxury market, as well as trends in the mass market.

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