New home sales ballooned 131.6% to 1,054 units in March


Source: Singapore Business Review, 16 Apr 2019



New private home sales experienced an impressive surge of 131.6% month on month and 47.2% year on year in March 2019, with 1,054 units transacted based on URA figures. The figure was higher at 132.4% if executive condos (EC) were included.

In Q1 2019, sales volume of new residential homes continue to be resilient at 1,946 units, which is 23.1% more than the 1,581 new homes transacted for Q1 2018. Treasure at Tampines was the best selling project for the whole of March, with 289 units sold.

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