New Home Sales

Private home sales up 41.7% in May

Sales of new private homes rose 41.7 per cent in May, an improvement from the number of private units sold the previous month. Excluding executive condominiums (ECs), property developers sold 1,056 units last month compared with the 745 units sold in April, data from the Urban Redevelopment Authority (URA) showed on Wednesday (Jun 15). A total of 1,388 units - including ECs - were sold, up from...

Private home sales down in April despite more units launched

Sales of new private homes fell 11.6 per cent in April despite more property units being launched. Excluding executive condominiums (ECs), property developers sold 745 units last month compared with the 843 units sold in March, data from the Urban Redevelopment Authority (URA) showed on Monday (May 16). Including ECs, 1,291 units were sold, down from March's 1,328 units. Excluding ECs, 900 units were...

New private homes sales jump 83% in April

New private home sales in the Republic jumped 83 per cent in April from March as developers launched new units and buyers returned to the market. Data from the Urban Redevelopment Authority (URA) on Friday (May 15) showed developers sold 1,124 housing units last month - well above the 613 units sold in March and 390 units in February. Developers launched 1,344 units in April, up from 400 in...

Executive condominium sales spiked in November: URA

Sales of executive condominiums (ECs) rose sharply in November even as other transactions in other forms of private property slowed, according to Urban Redevelopment Authority (URA) data released on Monday (Dec 15). A total of 1,758 ECs were launched last month, with 855 units sold. This marked a significant turnaround from October, when 90 ECs were sold with no new units launched. EC projects were...

New home sales pick up, but market still muted

New private-home sales stirred in February after two months of near slumber, but analysts said activity remained muted as developers and prospective buyers continued to hold back in the current cautious environment. Developers sold 724 non-landed private homes last month, a 28 per cent rise from 565 in January, after they launched 671 units or 22 per cent more than January’s 549 units, figures...

Singapore’s new private home sales remain low in January

New private home sales in Singapore remained in the doldrums in January, as developers held back launches and lending restrictions depressed demand. According to data from the Urban Redevelopment Authority (URA), developers sold just 565 new private homes last month, up from December's four-year low of 259 units. Last month's figure was, however, well below the 2,028 units sold in January...

Demand for new private homes in S’pore up 15% in November

Demand for new private homes in Singapore jumped 15 per cent in November, led by strong sales from new launches such as Duo Residences in Bugis and Alex Residences at Redhill. According to data from the Urban Redevelopment Authority (URA), 1,228 units of new private homes were sold in November, up from a revised 1,070 units transacted in October. Among the units sold, 214 are located in the suburban...

Demand for new private homes down 19%

Demand for new private homes in Singapore eased by 19 per cent in October. According to data from the Urban Redevelopment Authority (URA), 1,009 units of new homes were sold in October, down from 1,246 units transacted in the previous month. The top selling projects during the month were located in the suburban areas. They included The Inflora at Flora Drive which sold 388 units, and Nine...

Demand for new private homes surges 54% on-month in August

Demand for new private homes in Singapore surged nearly 54 per cent on-month in August, after the sharp decline seen in July. According to latest figures from the Urban Redevelopment Authority (URA), 742 new private homes were sold last month, compared to the 482 units transacted in July. The best-selling project in August was The Tembusu at Tampines Road with 218 units sold. Including executive...

Analysts expect sales of new private homes to increase

Sales of new private homes are poised for an increase in August from a month earlier. Analysts expect around 600 to 700 new private homes to be sold in August. In July, 481 new private homes were sold, down 73 per cent from a month ago. August has traditionally been a slow month for new home sales as it coincides with the Hungry Ghost Festival. The few launches in August, like Tembusu in the...

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