SINGAPORE – New private home sales slumped in October on the dearth of new major condo launches following the Sept 30 cooling measures, rising mortgage rates, low stock of unsold new units and rising macroeconomic headwinds. Read more at straitstimes.com.
Business News - Developers' new private home sales slumped last month amid a dearth of new launches over the June school holidays and concerns over rising interest rates . Just 488 residential units, excluding executive condominiums (ECs), were sold in June, down from 1,355 units a month. Read more at www.tnp.sg
Developers in Singapore put on sale more new private homes from existing projects last month but sold fewer units due to the typical Lunar New Year (LNY) lull and the absence of major new launches.
Developers in Singapore put on sale more new private homes from existing projects last month but sold fewer units due to the typical Lunar New Year (LNY) lull and the absence of major new launches.