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Small home resales hit 10-year high in 2017

Sales of small private condos slowly but steadily increased between 2014 and 2017, reported the Business Times.

“Small apartments will remain popular among investors and young couples due to their price affordability and potentially attractive yields,” said OrangeTee & Tie’s research head Christine Sun.

As such the property consultancy believes that sales of smaller private condos could rise in future as the supply of homes measuring 800 sq ft will drop due to the new rule.

– November 5, 2018

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