Developer Sold 49.2% More Units In 3rd Quarter 2019

developer-showflat-sales-singapore

Showflat sales saw a significant 49.2% rise in volume in Q3 this year as compared to the previous quarter, and this is also 16.9% higher than the figure in same period the previous year. Out of which, mass market saw biggest jump due to affordability under developer pricing strategies and the value given to the condominium, where 1492 units found their respective owner.

Meanwhile, city fringe condominium comprised of the highest transaction volume at 1530 units sold, a 39.9% increase in contrast to the previous quarter.

Notably, the figure has also surpassed the transaction posted in the same period last year where a surged of demand right before the new cooling measures kicked in. Analyst noted that developer will stay cautious in terms of pricing due to healthy number of units supply in the current market.

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