A total of 1,286 resale condominium units transacted in September which for third consecutive month, more than 1,000 units transacted. Hungry ghost festival month does not seem to deter the buying spree in the real estate market. The fear of losing out during the pandemic is more than that of fear of hungry ghost festival. Due to the longer construction period, some buyers switch to buying resale units as they can move in earlier and overall PSF is still lower. The Atelier is a prime freehold condominium near Newton MRT and within 1km to ACS and likely to launch next year.
Source: The Straits Times
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