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Buyers mop up more new homes in May amid surge in launches

952 units were sold in May, up 29.5% m-o-m, as units launched tripled; more projects slated before Ghost Month

Kalpana Rashiwala

Kalpana Rashiwala

Published Mon, Jun 17, 2019 · 09:50 PM
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Singapore

THE 29.5 per cent month-on-month rise in developers' private home sales in May amid a flurry of nine new project launches - suggests that fears of a trade war do not seem to have dampened property market sentiment too much.

"The concern going forward is the external environment and how it will affect sentiment," said a seasoned property consultant.

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