Surprise 0.3% rise in new private home prices in Q2: The Straits Times

Developer launched 1852 private residential units for sale in Q2 as compared to 2093 units in the first quarter of the year. In terms of direct developer sales, 1713 units were sold in Q2, down from the 2149 sold in Q1. Tallying up the numbers, a total of 3862 private home were caveated for the first half of this year, just 7.8% lower when compared to the same period last year. With such positive results, we are expecting 17 more new projects to launch in the next few months, adding another 5243 units onto the market.


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