Singapore, 14 Sep 2021 SINGAPORE - Demand for resale non-landed private homes remained robust in August, with prices climbing and more units changing hands despite the Hungry Ghost Festival when sales typically slow down.
Condominium resale prices climbed 0.5 per cent month on month, albeit at a slower pace than the revised 0.9 per cent jump in July, according to flash figures from real estate portal SRX on Tuesday (Sept 14).
Ms Christine Sun, senior vice-president of research and analytics at real estate firm OrangeTee & Tie, said sales remain buoyant in August as demand is outstripping supply in the suburban region.