SINGAPORE (Dec 15): Singapore home sales fell 31 percent from October as developers marketed fewer projects toward year-end, a time when buyers typically defer purchases to the new year.

Developers sold 860 units in November, compared with a revised 1,253 units in October, according to data released Thursday by the Urban Redevelopment Authority.

Developers launched 1,363 units last month, compared with 1,467 units in October, the data show. The largest sales came from Queens Park by HY Realty (Dundee) Pte, which sold 271 of the 736 units marketed. Parc Riviera by El Development (West Coast) Pte sold 128 of 200 units launched.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook