Photo by SCREEN POST on Unsplash

Private home sales in mid-tier market jumps 44.4% QoQ in Q2

Both new sales and resale volume increased during the quarter.

Private home sales in the Rest of the Central Region (RCR) or the mid-tier market jumped 44,4% QoQ to 2,538 units in Q2 2022.

​​​​​The figure excludes executive condominiums sold during the quarter.

According to OrangeTee, the sales growth was on the back of increases in both new sales (+58.2% QoQ to 1,310 units) and resales (+31.8% QoQ to 1,157 units) volume.

Average prices of new and resale non-landed homes likewise rose in Q2, increasing by 8.5% QoQ to $2,305 psf and by 2.4% QoQ to $1,583 psf, respectively.

The best-selling projects in the market last quarter were the two new launches: Piccadilly Grand and Liv @ MB. 

The two projects sold  325 units and 231 units, respectively. 

Follow the link for more news on

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!