Singapore private housing sales fell by 53.1% in the month of December

With 370 residential units in the 12 months to developers last month launched a new 538 homes sold, a year-on-year decline of 53.1 per cent this month and last month’s 10.6 per cent compared to the same period last year, according to the developer of the Urban Renewal Authority published monthly sales data (URA).

Last month the best-selling item is Parc Botannia (49 units, the median price is $1.345 per square foot) (per square foot), Parc ESTA (45 units, the median price is $1.666 per square foot), Parc Clematis (In Data transmission speed to 40 units) $1,638 every ft.) and Jadescape (37 units, the median price was $1,715 feet per side).

Head of research Asia Huttons Sze Teck, Lee said, “because at the end of the school holidays as well as a lack of buyers new product launches, it is expected that December’s sales will decline.”

On the other hand, head of research and advisory OrangeTee&Tie Christina Sun (Christine Sun) will be attributed to the circulation of small developers buying interest at the start of the year is expected to be renewed at the end of the year, when buying a home after the holiday began to return.

Throughout 2019, sold about 9,849 a new private housing 8,795 set in 2018, which is an increase of 12 per cent since 2017, which was also the highest since 10,566 set of annual figures – to show the buyer is becoming more comfortable with property cooling measures introduced by the director of research at Colliers International Singapore song Cuixia (Tricia Song) said that in July 2018.

She pointed out, the most attractive place is still on the size of families in apartments and three bedrooms three-room apartment, with prices ranging from $1,000,000 to $1,500,000.

Sun said that this year has been arranged for about 30 field emission, about 50 per cent of which are located in the core central region (CCR), while the remainder evenly spread across the central areas beyond central (OCR), and other areas (RCR) in between.


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