New private home sales rebound in November amid supply glut: URA data

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Sales raised 13 percent from August, 1270 new private residences were sold, came as developers revved up launches after  the Chinese 7th Month. There are 4 new launches ( Avenue South Residence, Meyer Mansion, The Antares and [email protected]) last months are located in the city fringe while Cuscaden Reserves is located in prime district 10.

Almost 60% of the last months sales were in the city fringe, known in the industry as the rest of central region

There were 932units sold in September last year , and this year September, the number has increased 36 percent, which hit the total sold unit as 1270 according to Urban Redevelopment Authority (URA) data yesterday. The figures exclude executive condominiums.

Source : https://www.straitstimes.com/business/property/new-private-home-sales-hit-a-high-in-sept

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