Artist’s impression of Parc Riviera in West Coast Vale.
Property developers in Singapore sold 860 units in November 2016, down 31.4 percent from the 1,253 units in the previous month, reported Channel NewsAsia, citing data from the Urban Redevelopment Authority (URA).
Including executive condominiums (ECs), developers sold 1,110 private homes, down from the 1,542 units sold in October.
The number of units launched by developers also fell from 1,467 units in October to 1,363 units last month.
Most of the sales took place at the Parc Riviera project in West Coast Vale, which sold 128 of the 200 units launched, and at Queens Peak in Queenstown, which sold 271 of its 736 units.
Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
