Private home sales up 43.5% in July, with 1,178 units sold

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Source: https://www.straitstimes.com/business/property/private-home-sales-up-435-in-july-with-1178-units-sold

The Florence Residences

Singapore Private Property Developers sold 1,178 units  in July 2019, up 43.5 per cent from June 2019, where 821 units were sold.

 

The figures – which exclude executive condominium (EC) units – are released by URA, based on survey of housing developers.

This increase, coming from several negative economic indicators amid rising trade tensions, shows the strong underlying demand for new homes.

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