Private Property Sales

Private residential launches on the up …

... as prices of high-end private properties move down PRIVATE home launches and sales were up last month after a dismal October. The number of private residential units launched more than doubled from October's 159 to 382, and units sold increased from 118 to 192, according to the data released by the Urban Redevelopment Authority (URA) yesterday. Analysts said the jump in units launched reflects...

Private residential property sales up 63% on month in November

Sales of uncompleted private homes rebounded 63 per cent on month in November, after falling 70 per cent in October. Some 192 new units were sold in November. Data from the Urban Redevelopment Authority (URA) also shows that developers put out more units for sale. According to analysts, many developers had launched new projects in November after delaying launches in October, in the wake of the global...

Sales in private residential market dip in April

Sales in the private residential market have dipped in April after a mild recovery in March. According to the numbers of private home sales released by the Urban Redevelopment Authority (URA), only 274 units were sold last month – down from 301 units in March. Developers were also holding back, with only 271 units launched in April – the lowest number of units since market weakness surfaced in...

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