Which projects dominated developer sales in June

The top seller sold 75 units in the past month.

Developer sales slumped slightly in June, with a total of 1,064 units sold including sales from executive condominiums.

The 820 private residential units sold in June was 21% lower, but stronger take-up rates for all existing projects that are rightly priced are expected as buyers come to realisation that prices of new launches will likely be higher, with the recent aggressive land bids witnessed in recent months.

According to CEO PropNex Realty Ismail Gafoor, The Santorini sold a total of 75 units in the said month, making it the top-seller for the private residential segment.

For the sixth month, Sol Acres EC is amongst the top 5 best-sellers, with 41 units sold in June 2017.

Meanwhile, properties in the Outside Central Region (OCR) continues to be the most sought after, accounting for 55.4% of new private home sales (excluding ECs), while Rest of Central (RCR) and Core Central Region (CCR) accounted for 36.7%, and 7.8% respectively.

Check the table below to see the top five best selling projects and the median prices of each unit:

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