by OrangeTee & Tie Pte Ltd.

New private home sales in S’pore hit 4-year high for March as buyers flocked to high-end condos

SRX Private Residential Data

SRX Private Residential Data

Singapore, 16 May 2021

SINGAPORE – Buyers jumped in after the Chinese New Year break in anticipation of an economic recovery, sending new private home sales last month to 1,296 units – the highest March take-up since 2017 and double the 645 units sold in February.

Year on year, developers booked 96 per cent more sales in March, with a little under half of the units coming from high-end condominiums in the prime districts.

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