Singapore new home sales rebound, hit 7-year high for month of June: URA data

Despite of the pandemic , new home sales in June this year has the highest volume of sales as compared in seven years. Majority of the sales were contributed by projects in the mass market segment like The Florence Residences, Parc Clematis, Jadescape, The Stirling Residences, Parc Esta. Kopar at Newton cliched as top selling project in the CCR. More high-networth clients also picked up a few properties in Singapore as the uncertainties in the world economic drove them to invest in Singapore instead. The number of foreigners who bought property this month were higher than that of last year. The Florence Residences sold more than 100-units during this circuit breaker period and have achieved more than 50% sales in total.

Source: The Business Times

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