Condo resale volume up 17% in March
There was an increase of 17% in the number of transactions of resale apartments in March 2020 compared to February 2020, while prices remained fairly constant.
The highest quantum paid for a resale apartment in March 2020 was $10.5 million. The transaction was for a unit at The Ritz-Carlton Residences.
The freehold development is located at Cairnhill Road and consist of 56 apartments and 2 penthouses.
Source: https://www.straitstimes.com/business/property/condo-resale-volume-up-17-in-march
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