RESIDENTIAL PROPERTY | Staff Reporter, Singapore

New condo sales down 42% to 375 units in June

Blame it on the June holidays.

The Urban Redevelopment Authority (URA) today said that developers sold 375 new private homes in June.

This is down 41.6% from the 643 units sold in May and is also lower than the 482 units sold in June last year. Home-buying sentiment is traditionally muted in June due to the school holidays.

Developers also sold a total of 110 Executive Condominiums.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.