Developers Sold 952 Units In May 2019

New Launch Infographics May 2019

MAY-2019 Developers sold a total of 952 units (excluding ECs) for the month of May. On a monthly comparison, this was a 29.5% month-on-month (m-o-m) surge in the number of units that were sold as compared to April, which observed a total of 735 units being transacted. The top 5 best-selling new launches for the month of May were Amber Park, Parc Komo, The Woodleigh Residences, The Florence Residences and Treasure At Tampines.

Developers launched a total of 1,394 units (excluding ECs) for the month of May. This was a 214.0% m-o-m upswing as compared to April when there were only 444 units being launched. On a yearly comparison, this was a 31.5% y-o-y increase in the number of units launched, as compared to 1,060units in 2018. Evaluating from a market segment standpoint, out of the 1,394 units that were launched, 54.8% of the units were from the RCR segment. While 35.2% and 10.0% of the units launched were from the OCR and the CCR segments.

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