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More landed homes sold in Q3 as buyers seek to guard wealth

Lockdown easing, low rates, supply issues led to highest quarterly figure since 2018 Q2

Published Sun, Oct 11, 2020 · 09:50 PM

Singapore

MORE landed homes changed hands in Q3, as price expectations between sellers and buyers came to an easier match amid a lower-for-longer rates environment.

Data from OrangeTee & Tie showed that in the third quarter of this year, a privileged group snapped up 544 landed homes, more than doubling the previous quarter's 212. It is also the strongest quarter since Q2 2018 when 775 landed homes changed hands.