More than 1,500 resale condominium exchanged hands with total volume hitting another high as compared to September and October with the highest transacted price of $9.1 million for a unit in Reflections at Keppel Bay in HarbourFront. The sales figures last month was an increment of 21.6% as compared to the figures in September and prices overall increases very marginally. The domino effect continues as more HDBs are sold and some of these owners upgrade to private condos or new launches. Looking at past months’ figures and with opening up of borders, analyst believes that this is just only a beginning of market recovery. Leedon Green has sold 5 units in the past week despite not having to aggressively advertising it.
Source: The Straits Times
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