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New launches to carry on unabated even as buyers mull options: PropNex

Property

New launches to carry on unabated even as buyers mull options: PropNex

Michelle Zhu Published on Wed, Aug 15, 2018 / 3:47 PM GMT+8

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SINGAPORE (Aug 15): PropNex Realty, a subsidiary of PropNex Limited, anticipates the total volume of new homes transactions to hit 8,500-9,000 for 2018.

This comes after private new home transactions, excluding executive condominiums (ECs), hit 1,724 for the month of July this year. The latest figure represents a significant 163% increase from 654 units sold in June 2018, as buyers rushed to beat the latest property cooling measures announced by Singapore’s government in early July.

Singapore home sales soar in July on minute-to-midnight buying

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