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Singapore Property News This Week #74
By Singapore Property Blog  •  October 26, 2012
Singapore Property News This Week #74

Residential

Developer sales in September break 2010 records

2,621 private homes excluding ECs were sold in September, an 83.7% increase from August and the highest since July 2009′s 2,772 units, thus bringing the total units sold this year to 17,927 units, up 12.7% from 2011’s full-year record and 10% from 2010’s full-year record. This is mainly driven by the sales in the Outside Central Region, which saw a 146% increase from 837 units in August to 2.062 units in September. This may be due to the increase in new launches in September to 2,224 units from 1,118units in August as well as the high liquidity and low interest rates. September sales also brought the total developer sales in Q3 to a preliminary 5,999 units but sales are expected to slow in Q4, leading to a full-year record of 21,000-22,000 units. 150 EC units were also sold in ...

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By Singapore Property Blog
Propwise.sg is a Singapore property blog dedicated to helping you understand the real estate market and make better buying, selling, renting and investing decisions – minus all the hype and misinformation ...
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