Which types of condos were bought below $1m since the start of 2023?

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Which types of condos were bought below $1m since the start of 2023?
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With the increase in new launch condo prices, homebuyers have much to consider before purchasing a new property. After all, an attractive price is not everything in the current economic climate. Buyers want to make sure that their monthly mortgage payments are within reach. If you’re searching for a new condo and have a budget to stick to, you might...

With the increase in new launch condo prices, homebuyers have much to consider before purchasing a new property. After all, an attractive price is not everything in the current economic climate. Buyers want to make sure that their monthly mortgage payments are within reach.

We’ve compiled some statistics from 99.co’s Researcher data to find out which condos were transacted below S$1 million since the start of 2023. Here’s a breakdown of the unit types, locations, tenure and sizes of condo units transacted below S$1 million since the start of 2023.Unsurprisingly, the bulk of condos below S$1 million were resale transactions. Based on unit sizes, it also makes sense that 1 and 2-bedroom units make up most of these transactions.There were no 4-bedroom condo transactions below $1 million.

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