News
RESIDENTIAL PROPERTY | Staff Reporter, Singapore
view(s)

Chart of the Day: High-end condo price hike dipped 1% in Q2

High-end units were priced at $2,400 psf, on average.

This chart from Savills Research shows that the Q2 hike of high-end condo units slowed down to 1% QoQ from an increase of 2.7% QoQ in Q1.

For Q2 2018, the average price of high-end units hit $2,400 psf. According to Savills, such rate is 1.2% off the previous peak of $2,429 psf that took place in Q1 2013.

The firm believes that the pattern in high-end condo units followed the trend of the island-wide residential price index of the Urban Redevelopment Authority (URA) which saw quarterly growth rate easing down slightly.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.