Here's proof that Singapore's luxury home segment is getting much worse than you think

Highest-priced unit was only at $2,592psf.

Singapore developers failed to turn the tables as high-end projects remained weak in April. According to Barclays, luxury home sales is still anaemic with the highest-priced unit at S$2,592psf.

Barclays estimates that some 14 units were returned in April, lower than the 38 units in March. This includes 4 from the best-selling launch in the month of February at Riverbank@Fernvale.

The highest median price in March was at Liv On Wilkie, where one unit was sold at S$2,592psf, bringing the total take-up for the project to 49 units, or 81%.

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