{"id":77070,"date":"2024-08-06T14:21:36","date_gmt":"2024-08-06T06:21:36","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=77070"},"modified":"2024-08-06T15:27:38","modified_gmt":"2024-08-06T07:27:38","slug":"million-dollar-flat-transaction-ath-july-2024","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/million-dollar-flat-transaction-ath-july-2024\/","title":{"rendered":"Million-dollar HDB Resale transactions hit ATH again in July 2024; Highest volume since 2010"},"content":{"rendered":"
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If you remember, last month’s flash report mentioned a record of 96 million-dollar transactions<\/a>, marking a new all-time high (ATH). This July, we\u2019re looking at yet another record with over 100 million-dollar HDB resale transactions, reflecting a 25% increase in just a month.<\/span><\/p>\r\n\r\n\r\n\r\n

Table of Content:<\/h3>\r\n\r\n\r\n\r\n

The lowdown of HDB resale transactions in July<\/a><\/p>\r\n\r\n\r\n\r\n

Resale price increases in July 2024<\/a><\/p>\r\n\r\n\r\n\r\n

July 2024 transaction volume and trends<\/a><\/p>\r\n\r\n\r\n\r\n

Record-breaking prices<\/a><\/p>\r\n\r\n\r\n\r\n

The lowdown of HDB resale transactions in July<\/b><\/h2>\r\n\r\n\r\n\r\n
\"million-dollar<\/a><\/figure>\r\n\r\n\r\n\r\n

In July, million-dollar HDB flat transactions hit a record 120, surpassing the 100-transaction mark for the first time. This figure represents 3.9% of the total transactions. The year 2024 has already exceeded the million-dollar transaction count of 2023, with 543 transactions so far compared to 470 for the entire previous year. Notably, 47 of these transactions originated from new projects that have just completed their Minimum Occupation Period (MOP)<\/a> in the past five years. These projects include Ghim Moh Edge<\/a>, St. George\u2019s Tower<\/a>, and McNair Towers<\/a>.<\/span><\/p>\r\n\r\n\r\n\r\n