July posts 33 million-dollar flats sold – second-highest in a month

This number accounts for 1.4% of the total resale volume in July.

Over 33 HDB resale flats worth at least $1m were sold in July 2022, up from 31 units in June 2022, property experts, 99.co and SRX, said.

This number also marked the second highest number of resale flats sold, which indicates that this trend will exceed the record-high flats sold in December 2021.

“The consecutive upward trend, though small, seems to indicate a trajectory where the current all-time record of 36 in December 2021 will soon be surpassed,” read the statement.

In July, Bishan posted 10 flats sold in a month, followed by Ang Mo Kio with five, Queenstown with four.

As for HDB resale prices, it went up 0.7% in July 2022 compared to June 2022. On a yearly basis, overall price increase for HDB resale is 11.6%.

Prices of mature and non-mature estates prices went up 0.8% and 0.6%, respectively, compared to June 2022.

A total of 2,363 HDB resale flats were sold in July 2022, representing a 10.5% increase from June 2022.

Follow the link s for more news on

99.co

SRX

HDB resale

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia