Home developers' sales tumble 12.6% in April

Only 1,555 private homes were sold.

Singaporean developers managed to sell only around 1,555 private residential properties in April, 12.6% lower than last month's 1,780 units sold in March.

According to the latest data from Urban Redevelopment Authority, (URA), developers sold around 371 units of executive condo units, bringing the overall number of private homes sold to 1,926.

Units from suburban areas led April's sales with 967 deals, followed by city fringe where 558 transactions were recorded. Only 30 deals were concluded in core central region.

The best selling condominium project for the said month was Frasers Centrepoint's Seaside Residences in Siglap. It managed to sell 419 of its 560 units launched. On the EC side, MCL Land's Sol Acres shone the brightest with 122 units sold.