REAL ESTATE DATATREND – DEVELOPER MONTHLY SALES ANALYSIS – Record number of new homes in RCR sold above S$2,000 psf
New private home sales rebounded strongly as more projects were launched prior to the June holidays. According to developers’ sales survey by the Urban Redevelopment Authority, new home sales rose 29.5 per cent month-on-month (m-o-m) to 952 units in May. On a year-on-year basis, sales dipped 15.2 per cent. No executive condominiums (EC) were sold last month.