Residential

Meanwhile, luxury home prices could grow by up to 3%.

The top 3 transactions came from the Les Maisons Nassim project.

The transactions totalled S$2.9b during the same period.

This brings total Q2 sales to 2,504 units.

Rents on Hong Kong Island and in Kowloon inched up 1% and 2.5%, respectively.

This is a strong growth compared to the 0.7% increase in Q1.

A majority of the sales were from Gurgaon.

Thanks to local professionals’ activation of leases.

The lacklustre activity recently does not bode well for the market.

The unsold market inventory dropped to 4.8% in Q1.

South Central Mumbai accounted for 40.4% of all new launches.

Typical prime non-landed residential prices also inched up 0.9%.

Following Hong Kong were Sydney and Vancouver.

The growth was driven by a number of new launches during the month.

Consumer sentiment is likely to turn positive in the second half of 2022.

There were 1,356 private homes sold last month.