Chart of the Day: Check out the price range of condos sold in OCR in Q2

Units priced between $1m to $1.5m comprised the bulk of sales.

This chart from OrangeTee & Tie shows that majority of homes bought in the Outer Central Region (OCR) were priced at $1m and above.

In the second quarter, 60% of condos were sold at $1m and above, whilst 3.7% were above $2m. About 0.3% of total transactions were above $3m.

A total of 1,879 condo units were sold in the OCR in Q2, a 9.2% QoQ increase compared to the previous quarter.

“The affordability threshold of buyers continued to rise such that the majority of homes were bought at $1m and above,” said OrangeTee & Tie.

A separate report from Edmund Tie notes that the proportion of new units priced below $1m fell to 24% in Q2 2019 from 37% in the previous quarter and the share of units above $1.5m grew to 35% from 25%, suggesting the growing preference of buyers for costlier and larger average units.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia