New single-detached sales in June are down more than 40% from May, down 20% from last year



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SINGAPORE – The developers sold 654 private dwellings in June, 41.7% less than a month ago and 20.2% lower than a year ago.

More than half of the sales took place in the suburbs The region of the Central Region, the latest figures from the Urban Redevelopment Authority (URA)

Including 52 other executive condominiums (EC) sold on last month, the total sales of developers for June was 706 units – a 43.9 percent drop a month ago and a 33.6 percent drop from June 2017.

While the monthly decline in developer sales for the month of June coincides with a 31.5% drop in the number of new units launched in June, the year – on – year decline was due to an increase in 4.6 times the number of units launched in June compared to the previous year

No EC unit was launched a month or a year ago. 19659002] According to preliminary estimates of June of the URA, the promoters sold a total of 1,046 EC units in the first half of this year. There were five launches last month, with the Oxley-led consortium moving 107 units to Affinity at Serangoon at a median price of $ 1,584 per square foot, less than half of the total of 10,566 private units. 4,011 units. (PSF) and MCL Land sell 121 units to Margaret City at a median value of 1,873 lb / sq. Ft. [19659004] Keppel Land and Wing Tai Holdings sold 64 units to The Garden Residences at a median value of 1,662 lb / sq ft. June

One Draycott of Champsworth Development (SDB International Unit) and 33 Macly Group Residences sold a unit at $ 2,599 / sq. ft. and six units at a median price of $ 1,629 / sq. ft. in June

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