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Developer property sales tepid in August

Transaction volume was tepid in August due to the Hungry Ghost Festival and absence of any major new launches. With current housing policies remaining unchanged; together with the ‘inauspicious’ Festival, many prospective buyers stayed away from the market. Developers...

Developer sales doubled in July

Developer sales doubled from June 2016 The private housing market regained some momentum last month as buyers snapped up units amid a larger number of new units launched, following a lull in June when buyers held off buying and developers held back new offerings to...

Developer sales doubled in July

Developer sales doubled from June 2016 The private housing market regained some momentum last month as buyers snapped up units amid a larger number of new units launched, following a lull in June when buyers held off buying and developers held back new offerings to...

Developer sales down half in June

Transaction volumes slowed in June by almost half as developers sold just 536 new private homes last month (excluding ECs), down from the 1,065 units sold in May. The lacklustre sales came as developers launched just 234 new units – down more than 80 per cent from the...

Developer sales up 40% from May

In May, developers sold 1,065 private homes (excluding ECs), or about 40 per cent increase from the previous month. Also, 1,345 new private homes were launched for sale last month, an increase of almost 50 per cent from April. May’s sale volume indicates that the...
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