According to flash figures from real estate portal SRX Property yesterday, resale condo market achieved a two-year high last month with more than 1,500 units transacted and found new buyers. This figure sees an 21.6 per cent jump from the 1,241 units transacted in September. Overall prices also increase insignificantly by 0.8% and bulk of the transaction were contributed by the mass market segment as affordability is the key factor for majority of the buyers who buying for own stay instead of investment. Latest presidential election in US with Democrats Joe Biden securing its presidency would likely benefit a trade-dependent country such as Singapore and aid in its economic recovery. The Atelier being developed by reputable developer, Bukit Sembawang, with its brisk sales at 8 St. Thomas, will attract ready buyers looking for premium and quality homes.

Source: The Straits Times

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