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by OrangeTee & Tie Pte Ltd.

Singapore developers' private home sales surge 82% in July on suburban demand

Monthly Developers' Sales

Monthly Developers' Sales


Singapore, 16 Aug 2021

REAL estate developers in Singapore moved 1,589 private homes in July this year, an 82.2 per cent surge from the 872 units sold in the previous month.

These 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.

By region, the lion's share of the sales volume last month came from the suburbs or Outside Central Region (OCR), where 1,012 units or nearly two-thirds of the total volume were sold, according to the URA data.


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