24/07/2019
One of the primary contributors to June's sales was freehold development Sky Everton, where 134 out of the 262 units launched were sold, at a median price of S$2,523 per sq ft (psf).
"Despite the implementation of the cooling measures and heightened volatility arising from the escalation of the US-China trade tension, the return of confidence points to sound fundamentals, rising affluence and ample liquidity in Singapore real estate," said Ms Christine Li, head of research for Singapore and Southeast Asia at Cushman & Wakefield.
"Investors with a long-term view are fully cognizant of the value that Singapore real estate offers, beyond the vagaries of cyclical price movements and cooling measures," she added.
Read more at https://www.channelnewsasia.com/news/business/new-private-homes-highest-june-sales-freehold-condos-popular-11721044
SINGAPORE: The sale of new private homes in June was the highest for the month in six years, with more buyers snapping up freehold condominium units.