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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.

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I am a professional real estate or property agent with the Huttons Realestate Group in Singapore. Huttons markets a great number of properties in Singapore including new condo launches and commercial properties as well as mixed developments.


I am a member of the Huttons sales team which means I can provide you with direct information on those properties. Contact me for invitations to VVIP previews during which you can get first hand information, a better choice of units and discounted prices before the official launch.