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SINGAPORE — A lack of big project launches, cautious market sentiment, and the seasonal lull during the Hungry Ghost Month led to a dip in new private home sales for the second consecutive month by 44.9 per cent to 217 units in September, down from 394 units in August. This marked the lowest monthly private home sales in nine months,...
The 217 units sold in September marked the lowest monthly private home sales since December 2022. Read more at straitstimes.com.
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Crowd at Altura EC sales gallery. The development was the best-performing project in August (Photo: Qingjian Realty/Santarli Realty)SINGAPORE (EDGEPROP) - According to data released by URA on Sept 15, developers sold 394 new homes excluding executive condos (ECs) in August – a 72.1% m-o-m plunge from the 1,412 units sold in July that marked a 20-month high. On a y-o-y basis, sales were down 10% compared to 438 new homes sold in August 2022.The m-o-m drop in sales follows fewer new launches. “The