Chart of the Day: Condos with $1-1.5m price tags ruled sales in 2019

The units accounted for 38% to 47% of sales for the year.

This chart by Edmund Tie reveals that private condo units with a price brand of $1m to $ 1.5m were the most popular in 2019, accounting for 38% to 47% of sales, with an average of 42% over 2019.

Compared with 2018, the average proportion for such price bands was 38%.

Edmund Tie noted that there was a reduction in the proportion of transactions with a price tag of below $1m, reflecting the higher price brackets of new sale condos and apartment projects
being transacted over 2019.

Meanwhile, condo units with price tags above $2m saw an increase in sales, from 10% in Q3 2019 to 14% in Q4 2019.

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