1,556 private homes including EC units sold in July, up 89% from June: URA

In July 2019, 1,178 private homes are sold by developers, 43.5% up from the 821 units they sold in the June 2019.

The numbers – which exclude EC (executive condominium) units – are released by the URA (Urban Redevelopment Authority) on 15 August based on their survey of licensed developers.

Including ECs, which are a  private-public housing hybrid, developers sold 1,556 units in July, up 89.3% from 822 units in June.

piermont-grand-ec-cantilevered-gym-punggol-singapore

July best-selling project was Piermont Grand EC in Sumang Walk at Punggol – the only EC launch in 2019 – where 378 units were moved at a average price of $1,107PS. It was launched on 27 August 2019 by TID and City Developments. The join marketing agency are Huttons, OrangeTee, PropNex, ERA and SPL.

Source: https://www.businesstimes.com.sg/real-estate/developers-sell-1556-private-homes-including-ec-units-in-july-up-89-from-822-units-in

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