New private home sales in Singapore ease 2.6% in June: URA

• Jul 15, 2021

DEVELOPERS in Singapore sold 872 new private homes in June, easing 2.6 per cent from May’s 895, according to data from the Urban Redevelopment Authority (URA) on Thursday.

Including executive condominiums (ECs), sales reached 962, down 22 per cent from the 1,234 sold in May. Thursday’s figures were similar to analysts’ flash estimates published by The Business Times on July 14.

This marks the third consecutive month-on-month fall, after figures in May tumbled nearly 30 per cent.

June’s transactions, excluding ECs, were led by the Outside of Central Region and Rest of Central Region, which accounted for 38.6 per cent and 37.7 per cent of new private home sales, respectively. The Core Central Region made up 23.6 per cent of the sales.

Source: https://www.businesstimes.com.sg/real-estate/new-private-home-sales-in-singapore-ease-26-in-june-ura