by OrangeTee & Tie Pte Ltd.

Condo resale prices hold steady in May

SRX Private Residential Data

May 2020

Singapore, 10 Jun 2020

Condo resale prices hold steady as volume sees an 80% drop year-on-year, compared to May 2019. About 171 units were resold last month. Ms Christine Sun, head of research and consultancy at OrangeTee & Tie, noted that the sharp fall in volume indicates that the resale market could be highly dependent on physical house viewings. She goes on to share more observations regarding the newly released figures.

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