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New sales of private homes up 10% in H1

However, developers' sales in June were half May's 1,058 units as new launches dried up amid the school holidays

Kalpana Rashiwala

Kalpana Rashiwala

Published Fri, Jul 15, 2016 · 09:50 PM
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Singapore

DEVELOPERS' new private home sales halved to 536 units in June from 1,058 units in May as new launches dried up amid the June school holidays.

However, some market watchers gleaned several positive signals from the Urban Redevelopment Authority's data released on Friday, lending support to their view that the market is close to bottoming out.

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