Sales of new private homes in Singapore plunged in July. Figures from the Urban Redevelopment Authority show that just 481 units of new homes were sold last month, down 73 percent from June. 1,806 units were sold in June. Market watchers had anticipated the sharp drop in sales transactions on the back of new loan curbs introduced on 29 June and the lack of new major project launches in July. The...
New Home Sales
Demand for new private homes in Singapore rose in June, according to latest data from the Urban Redevelopment Authority (URA). 1,806 new units were sold during the month, up 24 per cent from May, when 1,455 units were sold. Including executive condominiums (ECs), 2,119 new homes were transacted in June, compared to 1,912 units sold in the previous month. The strong sales was driven primarily by...
Sales of new private homes, excluding executive condominiums, climbed 5.4 per cent to 1,455 units in May. This is compared to 1,380 new homes sold in April 2013, according to figures released by the Urban Redevelopment Authority (URA). The number of new private homes sold in the city fringes jumped by about 27 per cent from 473 units in April to 602 units in May. This was mostly due to new project...
Sales of new private homes, excluding executive condominiums, halved to 1,375 units in April, compared to March. This was down from the record 2,793 units sold by developers in March, the highest monthly sale volume since June 2007. According to the latest figures released by the Urban Redevelopment Authority, the April 2013 figure was also lower than the 2,497 new home sales recorded a year...
Sales of new private homes in Singapore fell sharply in February, due to the Lunar New Year holidays, fewer launches and the government's latest round of cooling measures. However, analysts said it is still too early to gauge the effectiveness of the cooling measures introduced earlier this year. According to data from the Urban Redevelopment Authority, 708 new units were sold during the month, down by...
New home sales in January were robust despite the introduction of yet another round of property market cooling measures that month, with developers selling a total of 2,013 private residential units, excluding executive condominiums (ECs), representing a hefty 43 per cent surge from the previous month. The strong sales performance was due partly to attractive pricing and other incentives in the aftermath...
The number of new private homes sold in June continued to fall for the second consecutive month, according to the latest data released by the Urban Redevelopment Authority (URA). Developers sold 1,371 private homes (excluding executive condominiums) in June, down 19.4 per cent from May when 1,702 units were sold. May's private home sales figures had dropped 32 per cent compared to April and, for the...
Sales in May less than half that in April The feverish property market lost some of its sizzle last month, as Europe's debt crisis and the resulting retreat in global stock prices sent prospective home buyers scurrying to the sidelines, but analysts said underlying sentiment would likely remain firm, supported by Singapore's strong economic fundamentals and steady demand. Data released yesterday by the...
Singapore's property market cooled significantly in May with just 1,078 units of new private homes sold. This is about 50 per cent lower than the number of homes sold in April. Data released Tuesday by the Urban Redevelopment Authority, URA, showed a decline in transactions across all segments. Homes located in the city fringe were most popular during the month with 451 transactions. However, this...
Industry players said sales of new private homes are likely to hit close to 4,000 units in the first quarter of this year. The figure is more than double the numbers of homes sold in the fourth quarter last year, despite fresh anti-speculative measures introduced by the government in February. New property launches such as The Altez and The Vision have pushed home sales up in the first quarter. So far,...