Chart of the Day: Prime condo sales down 52.9% to $659.2m in H1

Uploaded By:  Nathanielle Punay Submitted By:  Nathanielle Punay Case Study:  No The inflow of potential foreign buyers interested in posh homes impeded. This chart from Knight Frank shows that the sale of prime non-landed residential units in H1 dropped 52.9% to $659.2m from $1.4b in H2 2019. The decline in sales was mainly due to the implementation of restrictive measures locally and across the globe, in addition to the closure of national borders restricting travel, the report said. This impeded the inflow of potential foreign buyers interested in the local luxury residential market. read more