The Growing Number Of $2 Million Condos In Singapore: Is This The New Norm In 2024?
By Stacked Homes  •  July 2, 2024
While many buyers still like to compare properties by the price per square foot, ultimately it is the quantum that is still more important. In recent years, we’ve heard some buyers deliberately opting for older or smaller properties with a lower price tag. The theory? If your property is too expensive, you’re less likely to find many buyers who can afford it, making it difficult to resell (unless you drop the price, of course). So if you are looking at a property for investment, it makes sense to look for one that has the widest pool of buyers that you can appeal to. To check this out, let’s look at the transaction volumes of private homes, based on quantum range: How do transaction volumes change with quantum? Let’s start by looking at freehold properties at different price ranges. Note that we use resale transactions only for the following, as the point is to see how much more rarely high-priced...
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.

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