Private non-landed resale transaction hits a all time high again in October with figure crossing more than 1500 units and this is a 22% hike from September. Sales continue brisk and strong as buyers gaining confidence and entering the market to pick up property either for own stay or investment. Bulk of the sales are driven by mass-market homes as the psf tends to be more attractive and is ready to move in after renovations. Such domino effect will continue and spill over to new home segment since some owners will re-invest into another property or just keep the cash for retirement. Avenue South Residence has almost fully sold out their horizon collection with limited choice units left and is 45% away from fully sold out.

Source: The Straits Times

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