Singapore new home sales more than double in June over May as showflats reopen: URA data

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Singapore new home sales more than double in June as showflats reopen: URA data

SINGAPORE - New home sales posted a surprise rebound, with developers selling 998 non-landed private homes in June, up 105 per cent from 487 private homes in May, as showflats were allowed to reopen on June 19.

The figures, released by the Urban Redevelopment Authority on Monday , exclude executive condominium units, which are a public-private housing hybrid. New sales were propped up mainly by Treasure at Tampines, Parc Clematis, The Florence Residences, Parc Esta, Stirling Residences and and JadeScape. Kopar at Newton remained as the top-selling project in the prime district, or CCR with 25 transactions in June.

 

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