Tag Archives: Singapore Property

House Hunt – Property transactions District 1 to 22

Property transactions for district 1 – 22 with contract dates between Aug 5 and Aug 11, 2009
househunt.2009 0811 1-22

More buyers now going for pricier homes

THE property boom is fast spreading to the upper reaches of the market, with more people buying premium-priced homes, according to data from property consultancy DTZ.

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The firm’s analysis of caveats lodged shows that 22 per cent of total private home sales in the second quarter were for homes priced above $1.5 million, compared to 10 per cent in the first quarter.

Buyers living in private residences bought 4,651 homes between April and June, more than the 3,710 homes purchased by HDB-based buyers. DTZ said that this showed a spillover of demand from the mass market to the mid- and higher-tier segments. Continue reading