New private home sales post surprise rebound




Developers saw a 21.6 percent increase in new sales in June 2020 as compared to the 821 sold in June 2019.

Estimated about 86 per cent of the total sales by developers were transacted at the median price of $1,000 psf to $2,000 psf.

The total new home sales totalled 3911 units in the first half of 2020.

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