Singapore's private home sales in June rose 2.2% to 228 units, but the first half of 2024 saw a record low of 1,916 units sold, a 43.
Singapore's new private home sales increased slightly in June, up 2.2% to 228 units, according to the Urban Redevelopment Authority (URA). Despite this, the first half of 2024 has reached a record low with 1,916 units sold, a 43.4% drop compared to the same period in 2023. The low sales volume is attributed to the lack of new launches, high price points, and weak market sentiment.
July 15, 2024
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