SINGAPORE: Developers did not have a very merry Christmas last month, after sales of new private homes plunged 50 per cent in December from the previous month.
Excluding executive condominiums (ECs), developers sold 602 units last month, compared with 1,201 units in November, data released on Tuesday (Jan 15) by the Urban Redevelopment Authority (URA) showed.
Tagged in:
Global economic uncertainty
Household formation
Household income growth versus GDP growth
Household income growth versus property price increase
Jade Scape in Marymount
Macroeconomic conditions
Market equilibrium
Normanton Park condo
Parc Esta in Eunos
Park Colonial in Woodleigh
The Florence Residences
Upcoming projects in the pipeline
Whistler Grand at West Coast Vale