by OrangeTee & Tie Pte Ltd.

Developers sell 1,080 Singapore private homes excluding ECs in July, up 8.2% from June

Monthly Developers' Sales

July 2020

Singapore, 17 Aug 2020

Developers in Singapore sold 1,080 private homes in July this year, up 8.2 per cent from the 998 units they sold in June.

Christine Sun, head of research and consultancy at OrangeTee & Tie, said that some buyers could be capitalising on the falling interest rates to lock in lower mortgage payments for future years, while others could be rushing to buy a property ahead of the Hungry Ghost month.

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