More launches drive new home sales up by 80.3% MoM in April

April marked the highest new home sales since September 2022.

Sales of new homes climbed in April, with 887 units sold during the month, data from the Urban Redevelopment Authority (URA) showed.

The figure excludes executive condominiums (ECs) sold in April. Year-on-year, new home sales, excluding ECs, rose by 32.4%.

April marked the fourth consecutive month of new home sales increase, as well as the highest new home sales since September 2022.

CBRE attributed the increase in new home sales to the “attractive new city fringe launches” during the month, including Tembusu Grand, which has sold 55% of its units and Blossoms by the Park, with 75% of units sold.

By market segment, the Rest of Central Region (RCR) was the best performer, accounting for 628 units or 70.8% of total new home sales excluding ECs, followed by Core Central Region (CCR) with 208 units sold (23.4%) and Outside Central Region (OCR) with 51 units (5.7%).

Follow the link for more news on

CBRE

singapore new home sales

Also Read

New home sales surge 90% in September led by Rest of Central Region

Portfolio of three freehold co-living properties on sale via EOI

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

Vibrant Group wins suit against Blackgold Australia

The group shall be paid damages and fees by Blackgold Australia’s ex-CEO and ex-chairman.

Lorem Ipsum text in year 2025

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old.

Agribusiness

Lorem Ipsum is simply dummy text of the printing and typesetting industry.

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source. Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of "de Finibus Bonorum et Malorum" (The Extremes of Good and Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of ethics, very popular during the Renaissance. The first line of Lorem Ipsum, "Lorem ipsum dolor sit amet..", comes from a line in section 1.10.32.

Agribusiness

Secondhand furniture gains traction as Singaporeans embrace circular economy practices