Singapore Condo Resales Plunge 57% In April Amid Circuit Breaker Period: SRX

Source: https://www.straitstimes.com/business/property/singapore-condo-resales-plunge-57-in-april-amid-circuit-breaker-period-srx

With the implementation of circuit breaker, all physical house viewings came to a halt.  Analysts found April’s private resale home figures encouraging though the declined in transaction volume was significant – a 57% (comparing with March 2020) and 62% (comparing with April 2019).  However, this fall is not as much as 62% and 70% in January 2012 and February 2013 respectively.  In comparison, the price only dipped slightly 0.2% and 0.7% when compared to last month and the same period a year ago.

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