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Sales of New Launch Private Homes Dropped in June 2014 Partly Due To Fewer Units Launched On Top Of TDSR Cooling Measures
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Sales of New Launch Private Homes Fell in June 2014
Sales of new launch private homes which almost doubled from April to May 2014 has decline 68% in June. Only 482 units were sold compared to the 1488 units in May 2014. This partly due to the fewer units (418 units) launched compared to the previous month (1819 units).
Month | No of Units | Comments |
Dec 2013 | 259 | 15k homes sold in 2013 |
Jan 2014 | 565 | 2028 in Jan 2013 |
Feb 2014 | 739 | |
Mar 2014 | 480 | |
Apr 2014 | 745 | Lake ville Condo (207), Sky Habitat (130, 1377psf avg) |
May 2014 | 1470 | Coco Palms (OCR, 590, $1018psf), Commonwealth Towers (RCR, 275 units, $1626 and Panaroma (OCR, 100 units, $1241 psf, relaunch) |
Jun 2014 | 482 | Fewer units launch |
* Year to date sales 4445 units, Jan to Jun 2014.
Interestingly, units at developments such as Thomson Three have been quietly moving.