Singapore resale condominium and apartment prices remain unchanged for the month of August, while volume of sales fell, according to monthly figures from real estate portal SRX Property released on Tuesday.SINGAPORE resale condominium and apartment prices remain unchanged for the month of August, while volume of sales fell, according to monthly figures from real estate portal SRX Property released on Tuesday.
This could be attributed to a"double whammy" of growing economic uncertainties as well as the Chinese lunar seventh month in August, said OrangeTee & Tie’s head of research and consultancy, Christine Sun.That being said, sales volumes are still above the 12-month average of 702 units from August 2018 to July 2019, she added. Taking a longer-term view, they are 1.7 per cent lower than the five-year average volume for August, SRX noted.By price segments, 78.
The most expensive condo resold in August was Le Nouvel Ardmore, where a unit was sold for S$15.7 million at S$4,000 price per square foot.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Brazil deforestation rises in August, adding to Amazon fire worries[BRASILIA/SAO PAULO] Deforestation in Brazil's Amazon rainforest rose for the fourth straight month in August from a year earlier, according to preliminary government data released on Friday, adding to concerns over fires already ravaging the region. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
China exports unexpectedly shrink in August, imports remain weakBEIJING (REUTERS) - China's exports unexpectedly fell in August while imports shrank for a fourth month, pointing to further weakness in the world's second-largest economy and underlining a pressing need for more stimulus as the US-China trade war escalates.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
China's exports fall in August as US trade war rumblesChina's exports fell by 1.0 percent on-year in August, official data showed Sunday, amid a bruising trade war with the US that has roiled markets ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Hong Kong tourist arrivals plunge 40% in August amid unrest[SHANGHAI] Hong Kong's protests are taking their toll on the tourism industry. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Hong Kong visitors plunge 40 per cent in August, hotels half-full: Finance chiefHONG KONG — Hong Kong visitor arrivals plunged nearly 40 per cent in August from a year earlier, deepening from July's 5 per cent fall, the finance secretary said as sometimes violent anti-government protests take a rising toll on the city's tourism, retail and hotel businesses.
Source: TODAYonline - 🏆 1. / 99 Read more »
Hong Kong August visitors plunge 40% year on year, hotels half-full: finance chiefHong Kong visitor arrivals plunged nearly 40% in August from a year earlier, deepening from July's 5% fall, the finance secretary said as sometimes violent anti-government protests take a rising toll on the city's tourism, retail and hotel businesses. Hotels in some locations had seen occupancy
Source: YahooSG - 🏆 3. / 71 Read more »