RESIDENTIAL PROPERTY | Staff Reporter, Singapore

New home sales plunged 49% to just 384 units in December

But full-year sales ticked up.

Developers sold a total of 384 units in December, a far cry from 759 units sold in the preceding month.

Including Executive Condominiums (ECs), developers sold a total of 508 units.

The Poiz Residences in Potong Pasir was the best seller last month, moving 64 units despite the traditional year-end buying lull.

On a full-year basis, developers sold a total of 7,529 units excluding ECs, a marginal gain compared to 7,316 units in 2014.

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