Singapore stocks edged up as trading resumed on Monday afternoon, with the Straits Times Index advancing 0.18 per cent or 5.72 points to 3,235.15 as at 1.02pm.
Sales of Singapore apartments worth at least $10 million each have hit an 11-year high, fuelled by increased demand from Chinese millionaires seeking safe-haven assets, said property consultancy OrangeTee & Tie.
UNIT prices of new condominiums in Singapore trended higher in the second quarter of this year, with the proportion of apartments priced under S$1 million falling to 24 per cent of new units sold, from 37 per cent in the first quarter, according to a report out on Monday.
