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Singapore June private home sales down 20.2% from a year ago

By PC Lee

/ The Edge Singapore |

July 16, 2018 7:43 PM SGT

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Sales of private homes by developers in Singapore fell 20.2% in June from a year earlier, government data showed on Monday.

Excluding executive condominiums (ECs), data compiled by the Urban Redevelopment Authority showed developers sold 654 units last month, compared with 820 units in the same month a year earlier.

Including ECs, 706 units were sold in June, down from the 1,259 sold the previous month and 1,064 homes sold in June last year.

The Outside Central Region (OCR) proved most popular with both buyers and developers last month, with 474 units launched and 374 homes sold.

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