Developers’ sales for the week of 12 Jun – 18 Jun 2023 were 39 units
The CCR and the RCR each accounted for 43.6% while the OCR made up 12.8%
The top-selling project in the CCR was Grange 1866, followed by The Reserve Residences in the RCR, and North Gaia in the OCR
Developers sold 1,038 units in May 2023, 17% higher than April 2023, on the back of 1,595 units launched
Two major non-landed residential projects, The Continuum and The Reserve Residences in the Rest of Central Region (RCR) accounted for 72.1% of May 2023’s sales
There will be no launches planned for the month of June due to the school holidays
Sales in Jun may be similar to the monthly sales of 200 to 400 in the last 3 months of 2022 due to the absence of launches and low volume of unsold units in the market
Developers are estimated to sell more than 2,000 units in 2Q 2023 and more than 3,000 units in 1H 2023
