Sales volume of private homes by Singapore developers hit 821 units in June. The figures are 26% higher than the 654 units sold in June the previous year. Compared to the 952 units sold in May, the volume in June has declined by 14%.
A total of 670 private homes were launched in June. Its a smaller figure compared to the 1,394 units launched in May and 726 units in June 2018.
Only 4 projects were launched in June 2019 – Lattice One, Seraya Residences, Sloane Residences and Sky Everton. In May, 9 projects were launched for sale.
Sky Everton was June’s top selling project. It sold 134 units at the median price of $2,523 per square foot.
Industry watchers say several developers are aiming to expedite their new projects before the lunar seventh month which is seasonally a dismal period for sales. Some of the upcoming launches includes Parc Clematis, a 1,468-unit development at Clementi.
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