Pent-up demand lifted Singapore's residential market | / Property news / Pent-up demand lifted Singapore's residential market

Pent-up demand lifted Singapore's residential market

Fresh property news selection on August 17. 2020, Monday.

Today's news selection contains the latest real estate related stories. Do you own a real estate/property/finance blog or news site? Send the URL to so our editors can use them as sources.

The number of condo listings jumped 51,359 in Q2 from a weaker Q1.

Despite limits imposed by the Circuit Breaker period during the most of Q2, pent-up demand gave the local property market a rebound when showflats reopened in June, PropertyGuru reported.

According to its market index Q3, the second quarter eventually closed with a slight gain, registering a 2.15% increase to 111.9 points. In line with this, PropertyGuru’s Supply Index saw a record-high 46.39% surge, driven by a pool of sellers in the resale market who are keen to let go of their properties.

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