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These 2 developers are in good shape as new private home launches, sales heat up

Stanislaus Jude Chan
Stanislaus Jude Chan4/17/2018 12:51 PM GMT+08  • 2 min read
These 2 developers are in good shape as new private home launches, sales heat up
SINGAPORE (Apr 17): CIMB Research is maintaining its projection that developers will launch 10,000 units of private homes in 2018, after total primary home sales rose 68% month-on-month to 788 units in March.
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SINGAPORE (Apr 17): CIMB Research is maintaining its projection that developers will launch 10,000 units of private homes in 2018, after total primary home sales rose 68% month-on-month to 788 units in March.

According to analyst Lock Mun Yee, the higher month-on-month sales last month were underpinned by the launch of The Tapestry, as well as “decent” take-up rates in ongoing projects including Grandeur Park Residences, Parc Botannia, and Kingsford Waterbay.

However, she highlights that total primary home sales in March was only one-third of the volume a year ago.

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