Singapore luxury residential sales fall but prices stay firm: CBRE
Singapore’s luxury residential market saw a softening in 1H2023 amidst a souring macroeconomic backdrop and increasing rate hikes from the US Federal Reserve. Transaction volumes for both Good Class Bungalows (GCBs) and luxury apartments decreased in comparison to previous years. The GCB market was marked by a 14.4% decline to 13 properties worth $525.3 million […]