Developers sell 1,147 private homes excluding ECs in Nov, up 23% m-o-m: URA
MON, DEC 16, 2019
KALPANA RASHIWALA
DEVELOPERS in Singapore moved 1,147 private homes in November this year, 23.2 per cent more than the 931 units they sold in the previous month. However, the latest figure is 4.5 per cent lower than the 1,201 units sold in November 2018.
The above figures - which exclude executive condominium (EC) units - were released by the Urban Redevelopment Authority (URA) on Monday based on its survey of licensed housing developers.
Including ECs, which are a public-private housing hybrid, developers moved 1,168 units last month, up 21.9 per cent from the 958 units they sold in October, but 3.1 per cent lower than the 1,205 units developers sold in November last year.
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