Month-on-month, the number of new homes launched took a 70% plunge while sales of new homes dropped 58%; Prices of new homes appear to be stabilising; Impact of the latest cooling measures is likely to be more defined in the following months. December saw a strong take-up rate of new homes despite a sharp decline in the number of new homes launched. A total of 383 new homes were launched in December, a 70.1% plunge from the 1,283 units put in the market in November. The outsi
Sales of new private homes five-month high in November; Market sentiment currently strong but transient adjustment in demand is anticipated following the latest cooling measures. A total of 1,547 new private homes were moved in November 2021, up nearly 70% from 911 in October 2021. Year-on-year, this represents a 100% increase from the 774 sold in November 2020. So far, new home sales for this year - 12,467 units have already exceeded the whole of last year's sales of 9,982.
Sales of new private homes bounced back in October, after two months of consecutive declines; Market Sentiment remains strong. A total of 909 private condo units moved last month, up 9% from 834 units in September. Year-on-year, this represents a 39% increase from the 654 units sold in October last year. There were 661 new homes put on the market last month, three times more than the 210 units launched in September. This represents a 39% increase from the 423 units a year ago
27 May 2021 Throwback 5 years to the launch The Poiz Residences @ Potong Pasir! Those were pre-COVID days when show flats were packed to the brim during launch time. I can vividly recall the snaking queues to view show suites and snaking queues to choose units at the launch itself. And now, during COVID days, new project launches are conducted in a very different manner with safe distancing measures in place, but still, with the same, if not more, amount of interest from buye
15 April 2021 New private home sales in Singapore hit 4-year high for March as buyers flocked to high-end condos. A total of 1,373 new homes were transacted in March, with 42%, or 546 units, in the prime or core central region (CCR). The bulk of the purchases, about 82% were by Singaporeans, with permanent residents and foreigners making up 13.4% and 4.3% respectively. The number of non landed homes bought by PRs and foreigners have both increased by 98.9% and 66.7% respectiv