, Singapore

Chart of the day: New sales of private homes plummeted 62.4% YoY in April

This is due to closures of condominium show flats.

This chart from EDMUND TIE shows that new sales of private homes plummeted 62.4% YoY and 58.0% MoM in April, due to closures of condominium show flats from 7 April.

A total of 277 units were sold by developers following the slower sales in Q1 2019.

Projects that were in the top five rankings in terms of units sold in the month of April included Kopar at Newton, Treasure at Tampines, Riverfront Residences, Jadescape, and The Florence Residences.

The top six selling projects in the CCR for the months of April and May were Kopar at Newton, Fourth Avenue Residences, The M, Van Holland, Boulevard 88, and Midtown Bay.

 

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