New private home sales jump 37% year-on-year in January: URA data

2018 start its first month with “healthy” sales by developer, posting a 37% jump from a year ago, in new private home sales.

The 522 private apartments and 100 executive condos sold in January was achieved in a month that saw no new condo launch or EC new launch.

There has been reports of a recovery in property prices, and this could have triggered home buyers’ decision to commit before home prices go beyond their affordability.

New residential developments that saw good take-up rate included Symphony Suites in Yishun, GEM Residences in Toa Payoh, Parc Bottania at Fernvale in Sengkang, Highline Residences in Kim Tian Road, Kingsford Waterbay in Hougang, etc.

Home buyers looking at new condo launches to have more choices in their preferred apartment layout and/or facing, can consider upcoming developments such as The Tapestry in Tampines, Twin Vew in West Coast, The Jovell at Flora Drive, The Verandah Residences at Pasir Panjang, etc.  For a listing of other upcoming yet-to-be-named developments, please click here.

Rivercove Residences at Anchorvale Lane in Sengkang will be the only EC new launch in 2018.


For the full Business Times article, please click here.

For listing of condo new launches, please click here.

For listing of current executive condo on sale and upcoming EC launches, please click here.

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