InvestmentsTop Global NewsMarketsReal Estate Near sell-out of AMO Residence shows property demand unaffected by rising mortgage rates: Analysts By financialnews_rlv83x - July 28, 2022 0 142 Ang Mo Kio condominium project AMO Residence sold 98 per cent of its units on the first day of launch. Buyers may have been motivated to lock in mortgage rates ahead of further rate hikes, property analysts say.