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Cautious sentiment, lack of major launches: New private home sales down for 2nd straight month

SINGAPORE A lack of big project launches, cautious market sentiment, and the seasonal lull during the Hungry Ghost Month led to a dip in new private home sales for the second consecutive month by 44.9 per cent to 217 units in September, down from 394 units in August. This marked the lowest monthly private home sales in nine months,.

New private home sales in September fall to lowest since December 2022

Analysts cited a lack of major launches, the school holidays and the lunar seventh month as reasons for the dip.

New private home prices rebound in third quarter, fewer homes sold

Prices rose by 0.5 per cent while the number of units sold fell by 15 per cent Read more at straitstimes.com.

Singapore private home prices remain 'broadly flat' in third quarter: URA flash estimates

Private home prices increased slightly by 0.5 per cent in the third quarter of 2023 after it fell in the previous quarter.

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