by OrangeTee & Tie Pte Ltd.

Chart of the Day: Local demand anchors Singapore's property market

URA Quarterly Data

URA Quarterly Data

SG, 16 Sep 2020

Singaporeans made up the bulk of purchases, comprising 84.4% of all new non-landed home sales last month at 1,240 units. The highest number of local purchases since July 2018.

"This reflects a sustained appetite towards investment assets amongst locals," said OrangeTee & Tie's Christine Sun, as properties remain a safer and more diverse source of returns.

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