With developers avoiding the launch new projects in the seventh lunar month which ended on Aug 29, the market only saw the launch of Parc Clematis totalling 1,468 units on the last weekend, which became the top-selling project with 316 units sold, says lead analyst Adrian Loh in a Tuesday UOB KayHian report.
SINGAPORE (Sept 19): Singapore potential private home buyers are staying optimistic despite the economic slowdown, if August private home sales figures are anything to go by. Or are they? And what would the month of Sept bring?
Last month saw the sale of some 1,122 units private home units (excluding ECs), according to the Urban Redevelopment Authority (URA). This was down 4.8% on month, but up 82.1% on year. August also saw the launch of 979 units, up 7.5% on month and up 83.3% on year.
