For 5M19, primary home sales totalled 3,632 units, 4% higher than a year ago.
SINGAPORE (June 19): CGS-CIMB Research is maintaining the Singapore property sector at “overweight” following a 28% month-on-month increase in home sales volume in May.
Some 952 new private housing units were sold in May, 28% higher than in April, but 15% lower compared to May 2018. The bulk of sales (51%) came from Rest of Central Region, while suburban projects made up another 43%. The most popular developments included Amber Park, Parc Komo and The Woodleigh Residences, which collectively accounted for one third of sales.
