Chart of the day: Over 2,000 completed private condos sitting empty islandwide

A whopping 82% is in the CCR.

Over 2,300 completed private condominium units remained unsold as of the first quarter, a report by Barclays revealed.

Of this number, a whopping 82% or 1,905 units are luxury projects located in the Core Central Region.

Apart from the completed and unsold units, there are also 5,636 uncompleted units which have been launched but remain unsold.

There are another 19,359 uncompleted and unsold units which are yet to be launched. 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.