1,556 private homes including EC units sold in July, up 89% from June

DEVELOPERS sold 1,178 private homes in July 2019, up 43.5 per cent from the 821 units they moved in the previous month, but down 31.7 per cent from the 1,724 units they found buyers for, in July 2018.

Today's news selection contains the latest real estate related stories. Do you own a real estate/property/finance blog or news site? Send the URL to news@agent.sg so our editors can use them as sources.


The figures - which exclude executive condominium (EC) units - were released by the Urban Redevelopment Authority (URA) on Thursday based on its survey of licensed housing developers.

Including ECs, which are a public-private housing hybrid, developers moved 1,556 units in July, up 89.3 per cent from 822 units in June, but 12.4 per cent lower than the 1,776 units in July 2018.

At the Piermont Grand EC project in Sumang Walk in the Punggol area, City Developments and TID sold 378 units last month at a median price of S$1,107 per square foot (psf).

 

Read the full article here »


More real estate news from Singapore


Previous news selection:

Escalating US-China dispute will weigh on Singapore retail, industrial property markets: Colliers


About Agent.sg Daily Property News Selection

Agent.sg's Daily Property News Selection brings you the most important property market news in and around Singapore. We list the best articles on real estate development, property investment and on the property listing market on a daily basis - whoever stays out, misses out.

Contribute

If you also want to share an amazing article that you come across and it fits in the real estate/economy topics, just let us know in the e-mail. We don't guarantee to publish all, but we will some of them for sure. If you want us to bring out your own article, please contact us at news@agent.sg. Some references would also be highly welcome to send us from among your previous publications.

Advertise

Are you looking for some online distribution channels? You find one. Haven't you found a place for your traditional means of advertisement, like PR article or display banner? You've never been so close, just e-mail us at news@agent.sg and our colleague will get in touch with you.