New Homes Sales

New private home sales up in December

Demand for new private residential property in Singapore rebounded in December 2012, following a sharp decline in the previous month. According to the Urban Redevelopment Authority (URA), 1,410 units of new private homes were sold last month, up by about 30 per cent from November's sales of 1,087 units. Including executive condominiums (EC), the sale of new homes came in at 2,259 units in December. The...

New private home sales in November fall to lowest level in 2012

The number of new private homes sold in November fell to the lowest level in 2012. Excluding executive condominiums (ECs), 1,087 units were sold in November -- 44.2 percent less than in October. It is also the second straight month of decline. October saw 25.7 percent less homes moved in at 1,948 units. Analysts attribute the decline to fewer property launches last month. Savills' research head, Alan...

Private home sales dip

World Cup, school holidays, lack of supply among reasons cited for drop Private home sales continued to slow last month, falling to below the 1,000-unit mark for the first time this year. Data from the Urban Redevelopment Authority (URA) showed that only 847 new units were sold last month - the lowest number of private home sales so far this year. The figure is 22-per-cent lower than the 1,083 homes...

Private home sales in June falls to 847 units: URA

Demand for new private residential properties continues to moderate. The number of new homes sold fell in June to 847 units, according to figures from the Urban Redevelopment Authority. That's down from 1083 transactions done in May 2010. The top sellers in June include projects like The Minton, La Brisa and Waterfront Gold. URA says 143 new homes in the city and prime districts were sold during the...

Sales of uncompleted private homes in November continue to fall

Sales of uncompleted private homes continued to fall in November, making it the fourth consecutive month of decline. Just 600 units were sold last month, a 26 per cent drop over October. It was also the second time since January that private home sales have dipped below 1,000 units. November followed the trend in October, which showed a pickup in the number of high-end units being sold. More than half...

About 14,500 new homes expected to be sold in 2009: CBRE

As many as 14,500 new homes are expected to be sold in the whole of 2009, second only to the record of 14,811 units in 2007. Despite the high volume of sales, property consultancy CB Richard Ellis (CBRE) said the caveats lodged to date showed that the total selling price paid for new homes in 2009 was 58 per cent of that in 2007. CBRE said this was likely due to the dominance of mass market and mid-tier...

High-end market hots up

SALES of private residential properties surged to their highest level in nearly two years in May. According to the latest data by the Urban Redevelopment Authority released yesterday, overall home sales totalled 1,668 units last month, the highest monthly figure since the all-time record of 1,723 units was set in August 2007. Purchases of private homes in the prime districts, which include Holland Road,...

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