New homes sales transacted in the city fringes or rest of central region jumped 127.5 per cent month on month. - ST
SINGAPORE (The Straits Times/ANN): New home sales posted a surprise rebound, with developers selling 998 non-landed private homes in June, up 105 per cent from 487 private homes in May, as showflats were allowed to reopen on June 19 after a two-month partial lockdown ended.
The numbers -- the highest monthly sales for June in seven years -- seem to indicate resilience in the property market, as also evidenced by a 22 per cent rise in new home sales from 821 a year ago.
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