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by OrangeTee & Tie Pte Ltd.

New Singapore private home sales surge to 998 in June, more than double May's volume

Monthly Developers' Sales

June 2020


Singapore, 15 Jul 2020

Developers in Singapore sold 998 new private homes in June, 105 per cent more than May's 486 units, due to pent-up demand and an increase in foreign buying as show galleries reopened.

Christine Sun, OrangeTee & Tie's head of research & consultancy said that the transactions in June were the highest sales for the month in seven years, while the number of foreign buyers rose to the highest in 10 months. She further shares her expectations on private home sales in the coming months 

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