Feb 2020 Private Sales Report 1

(LATEST FROM URA) 🎉 A total of 975 units of Private New Homes (Excluding ECs) were sold for the month of February 2020!

CEO Mr Ismail Gafoor highlighted, “Although the impact of the Covid-19 virus is reverberated throughout the Singapore’s economy, the private new home sales segment continues to be in strong demand. This is mainly due to attractive pricing adopted by developers. For the month of February, there was a 57.3% increase in sales as compared to January. While, on a year-on-year comparison, it was a 114.3% surge.”

The top 5 best-selling new launches for the month of February were The M, Parc Canberra, Treasure At Tampines, Parc Esta and Jadescape. The M was the best-selling development, with a total of 380 units sold at a median price of $2,439 psf. While, the second best-selling project was Parc Canberra, which sold a total of 324 units at a median price of $1,111 psf.