New private home sales hit 2,119 in June

Numbers are up 23% vs last year.

According to OCBC, a headline total of 2,119 new private homes (including 313 EC units) were sold in Jun 13, up 11% MoM and 23% YoY.

Excluding EC and landed-units, 1,795 units were sold in the month, up 25% MoM and 33% YoY with a take-up rate of 102% (versus 97% in May 13).

"As a result, the inventory of launched and unsold units (excl. EC/landed) in the market increased by 1% MoM to 5,330 units," OCBC said.

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