Chart from PropNex.

Chart of the day: OCR leads monthly private new home sales in July

Sales volume increased from 111 in June to 485.

This chart from Propnex shows the volume of private new home sales in the three regions in Singapore with OCR leading for the month of July.

Sales volume for OCR increased by 336.9% from 111 in June to 485 in July. AMO Residence was the top seller in the OCR in July, accounting for about 75% of the submarket's transactions – selling 366 units (out of 372 units in the development) at a median price of $2,110 psf. Previously launched projects, The Florence Residences, Parc Clematis, and Ki Residences At Brookvale each sold 17 units during the month, adding to the OCR total. 

ALSO READ: Condo rents climb for 19th consecutive month

New home sales in both CCR and RCR declined by 10.2% and 4.1% month-on-month (MoM), respectively. The best-selling CCR projects in July were Hyll On Holland which sold 28 units at a median price of $2,638 psf, the Perfect Ten which moved 17 units at a median price of $2,932 psf, and Leedon Green where 16 units were transacted at a median price of $2,749 psf.

Meanwhile, the most popular RCR project was Riviere which sold 27 units at a median price of $2,907 psf. This is followed by Forett At Bukit Timah where 15 units changed hands at a median price of $2,230 psf.

Follow the links for more news on

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!


Auction houses thrive on Asian millennials’ art-buying power
Millennials are seen to be particularly drawn to contemporary art as growth for Christie’s, Sotheby’s, and Phillips are highly anticipated in art hubs Hong Kong and Singapore.
Generative AI can be harnessed to reshape jobs and improve productivity
Tech consultants list tips on how businesses should use AI and upskill their employees at risk of losing their jobs.
7 generative AI strategies for in-store management without replacing humans
Marketing  and e-commerce specialists said generative AI can be used as a chatbot and trainer for store managers, and businesses that do not have the tech will fall behind.