New home sales surged 41.6% to 1,056 units in May

Gem Residences was the top seller.

Developers sold a total of 1,056 private homes in May, a steep jump compared to 748 units in April.

Meanwhile, the number of Executive Condominiums (ECs) sold dropped to 332, compared to 547 units in the previous month.

The best-selling project in May was GEM Residences in Toa Payoh, which sold 312 units during the month.
 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!