New private home sales in Singapore slump 42% in June

New private home sales in the Republic fell 42 per cent in June from May as developers launched fewer units.

Data from the Urban Redevelopment Authority (URA) on Wednesday (Jul 15) showed developers sold 375 housing units last month – well below the revised figure of 643 units for May.

Developers launched just 219 units in June, down from May’s 500 units.

Including executive condominiums (ECs), sales by developers fell to 485 units in June from 853 units in May.

Source : Channel NewsAsia – 15 Jul 2015

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