Chart of the day: Unsold private residential units increases in Q2

A total of 2,682 units were completed in Q2 2022.

This chart from the Urban Redevelopment Authority (URA) shows the total number of unsold residential units as well as unsold residential executive condo (EC) units in Singapore.

The chart reveals that unsold units increased in Q2 of 2022, with a total of 15,805 units with planning approvals unsold for the quarter compared to 14,087 units in Q1.

After adding the supply of 5,333 EC units in the pipeline, there were 54,169 units in the pipeline with planning approvals. Of the EC units in the pipeline, 1,701 units remained unsold. In total, 17,506 units with planning approvals remained unsold.

The chart also shows that since Q1 2019, unsold private residential units and unsold EC units in Singapore have started to decrease.

According to the URA, a total of 2,682 units (including ECs) were completed in the 2nd Quarter of 2022, significantly higher than the 819 units (including ECs) completed in the previous quarter. Based on the expected completion dates reported by developers, 7,195 units (including ECs) will be completed in the remaining 2 quarters of 2022.

Prices of private residential homes have gone up in Q2.

Follow the link 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!

Top News

DBS and OCBC expected to deliver steady Q1 net profits
Their net interest margins will ease as a result of their Hong Kong loans.
Singapore's maritime cluster navigates towards digital, green future
Adapting to emerging challenges, such as the adoption of alternative fuels, is deemed crucial for the country's maritime sector.
Shipping & Marine
SCG and A*STAR unveil joint labs for cellular immunotherapy enhancement
The partnership has a funding of nearly $30m supported under Singapore's Research, Innovation and Enterprise 2025 plan.