SINGAPORE - Developers in Singapore moved 928 private homes in October 2019, down nearly 27 per cent from the 1,270 units they sold in the previous month but up nearly 85 per cent from the 502 units sold in the same month last year.
Including ECs, which are a public-private housing hybrid, developers moved 955 units in October, marking a drop of 26.4 per cent from the 1,298 units sold in September. PropNex Realty chief executive Ismail Gafoor noted that:"With the absence of major new launches for the month of October, existing projects that were previously launched remained dominant.