Here are the top 5 home projects in August in terms of new sales volume

Home sales rebounded 54%.

According to Knight Frank, the top 5 private residential projects, shown in Table 1, comprise projects in all three segments (OCR, RCR and CCR).

The encouraging sales performance possibly reflects the gradual return in interest to high-end and mid-tier properties in CCR and RCR, amidst the continuous price increase in mass market new launches in OCR.

Here's more from Knight Frank:

Developer new sales volume rebounded by 54 per cent month-on-month from 481 units in July to 742 units in August. Sales in CCR increased by 95.6 per cent while sales in OCR rose by 84.1 per cent. Noticeably, the take-up rate at The Tembusu was encouraging at 65 per cent since its launch.

Despite the Hungry Ghost Month period coupled with TDSR and other cooling measures in place, developers launched 927 units in August or 66 per cent jump from July.

CCR saw the highest increase in launches at 131 per cent mainly attributed to RV Residences which launched 83 units in the month of August. Launch activities in OCR also increased by 68 per cent with major launches such as The Tembusu (337 units) and Kensington Square (112 units).

Sales of EC units have been generally robust as the lower prices are within reach of middleincome homebuyers amidst the TDSR rules. 726 units were sold in August compared to 112 units sold in July.

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