h2ospringwater.com - Properties Trend in Singapore

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New private home sales recoiled strongly as more projects were introduced prior to the June vacations. According to the developers’ sales study by the Urban Redevelopment Authority, brand-new residence sales rose 29.5 percent month-on-month (m-o-m) to 952 units in May. On a year-on-year basis, sales dipped 15.2 per cent. No executive condos (EC) were sold last month.

1,394 new personal residences were released available for sale last month. 6.0 percent of new sales remained in the core central area (CCR), 51.3 per cent in the remainder of main area (RCR) and 42.8 percent in outside the central area (OCR). New task launches consist of Brownish-yellow Park, Riviere, Parc Komo, The Gazania, The Hyde, Juniper Hillside, The Lilium, Meyerhouse as well as Olloi. The top-selling jobs for the month of May were Brownish-yellow Park with 155 units sold at a typical cost of S$ 2,47

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