
Chart of the Day: Cheap home deals spiked in July
While CCR homes languished.
Mass-market home deals dominated the residential sales market in July, bolstered by the launch of the attractively-priced High Park Residences.
This chart from Barclays shows that transactions with price tags below $1000 per square foot spiked in July. High Park Residences sold a total of 1,169 units at a median price of $989 psf.
Other notable deals included continued sales at Botanique at Bartley, where units went for a median price of $1,282 psf.
The high-end property market continued to languish in July, although sales increased 24% month-on-month to 61 units.
The top seller in the Core Central Region was Leedon Residence, which sold 14 units at a media price of $1,878 psf.