Vincent Ong 6598531741

2019 new home sales top 10,000 units, up 15% from year ago

PRIVATE home sales in 2019 rose 15% to 10,104 units – signalling a resilient housing market as unemployment remained low, despite an expectedly slow month in December.

Latest data showed that developers in Singapore moved 538 private homes in a seasonally slow December, less than half of the 1,147 units they sold in the previous month and 10.6% lower than the 602 units sold in December 2018.

– Jan 16, 2020

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