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Singapore new private home sales flat in April, likely to climb in coming months

Fiona Lam

Fiona Lam

Published Tue, May 17, 2022 · 01:33 PM
    • Including the 186 EC units sold, developers moved a total of 839 new homes in April this year, up 19.5 per cent from March.
    • Including the 186 EC units sold, developers moved a total of 839 new homes in April this year, up 19.5 per cent from March. ST FILE PHOTO

    AMID a dearth of launches, developers sold 653 new private residential units, excluding executive condominiums (ECs), in Singapore this April.

    This is largely unchanged from the 654 sold in the previous month, according to data released by the Urban Redevelopment Authority (URA) on Tuesday (May 17).

    However, property analysts anticipate sales momentum to pick up soon, led by major new condominium projects such as the 407-unit Piccadilly Grand and the 298-unit Liv @ MB.

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