Luxury residential sales plunge in 3Q2023; leasing demand rises: Huttons Asia
Sentiment in the luxury homes market in Singapore continued to decline in the third quarter of 2023 after an anti-money laundering crackdown that made headlines in August. The major crackdown took a toll on luxury residential transactions, with transacted amount dropping to $295.8 million in 3Q2023, 50.9% lower compared to the $601.9 million in 2Q2023. […]