SINGAPORE - The prices of resale condominiums held firm amid robust demand in September, with more than 1,000 units sold for three straight months.
"One reason is some home buyers believe the worst impact of the pandemic in Singapore is over and it is time to re-enter the market... the fear of losing out is greater than the fear of the Hungry Ghosts," Mr Mak said. September's resale transactions also included two bulk purchases of apartments in the Balestier Road area - 12 units at Victory Point and 10 units at Crescent Building - by companies, according to URA Realis data.
A condo unit at Le Nouvel Ardmore in Tanglin that went for $16.2 million was September's most expensive resale purchase. In the city fringes or RCR, the highest price was for a $5.1 million unit at Camelot By-The-Water in Tanjong Rhu Road, while the highest sale in the OCR came from a $4.8 million unit at The Trilinq in Clementi.
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