New domestic gross sales bounce 130.3% MoM in January

Workforce Reporter



Picture by way of Danist Soh on Unsplash

A complete of 391 devices had been offered all over the month.

Gross sales of recent properties greater than doubled in January with 391 devices offered all over the month, knowledge from the  City Redevelopment Authority (URA) confirmed.

The determine excludes government condominiums (ECs) offered in January.

12 months-on-year, on the other hand, new domestic gross sales with the exception of EC dipped by way of 42.8%.

Together with ECs, the collection of new domestic gross sales dropped by way of 13.8% MoM and 25.3% YoY to 550 devices.

In January, there used to be just a unmarried mission release which used to be the 268-unit Sceneca Place of abode at Tanah Merah Kechil Hyperlink. It used to be among the best-selling tasks all over the month along Guideline, Leedon Inexperienced, Klimt Cairnhill, One Holland Village Flats, Riviere, Haus on To hand and Highest Ten.

Taking a look at markets, Out of doors Central Area (OCR) used to be the finest performer, accounting for 185 devices or 47.3% of general new gross sales with the exception of ECs. At the back of OCR is the Core Central Area (CCR) with 158 devices offered (40.4%), adopted by way of the Remainder of Central Area (RCR) with 48 devices (12.3%)


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