Research | REMS
Primary Home Sales Fell 34% M-O-M in May
Singapore
Primary Home Sales Fell 34% M-O-M in May
Singapore
  • Sector
    Residential
  • Published On
    2017-06-15
  • Outlook
    Negative

Singapore private residential primary home sales fell in May. Developers sold a total of 1,024 units of new homes in May, a decline of 34% m-o-m and 3% y-o-y. The decline was due to the lack of new launches in the market. Developers only released additional 339 units in May, which is 79% less than a month ago and 75% less than a year ago.

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