New private home sales sink to near one-year low

Visitors at the launch of J’den, a 99-year leasehold mixed-use development on the site of the former JCube mall, on Nov 11. — The Straits Times

SINGAPORE: The absence of major new private residential launches for a second straight month sent new home sales sinking to a near one-year low of 203 units in October.

This is the lowest since December 2022 when only 170 units were sold, according to data from the Urban Redevelopment Authority (URA) released on Wednesday.