Chart of the Day: Share of posh condos sold in the CCR halved in Q4 2019

Condos priced $1m to $1.5m grew more popular in the region.

This chart from EDMUND TIE revealed that the share of condo units sold in the core central region (CCR) priced greater than $3m nearly halved to 13% in Q4 2019, compared to 25% in the previous quarter.

Over the same period, there was an uptick in the proportion of $1m to $1.5m transactions in the region from 21% to 25%. Various transactions in this price band are mainly smaller bedroom configurations of less than 500 sqft and between 500 sqft to 700 sqft.

Overall, private condo units with a price brand of $1m to $ 1.5m were the most popular in 2019, accounting for 38-47% of sales.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!