Chart of the day: Over 2,000 completed private condos sitting empty islandwide

A whopping 82% is in the CCR.

Over 2,300 completed private condominium units remained unsold as of the first quarter, a report by Barclays revealed.

Of this number, a whopping 82% or 1,905 units are luxury projects located in the Core Central Region.

Apart from the completed and unsold units, there are also 5,636 uncompleted units which have been launched but remain unsold.

There are another 19,359 uncompleted and unsold units which are yet to be launched. 

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

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Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley