New home sales surge to 11-month high in August: The Straits Times

Attractive pricing, freehold tenure, pent-up housing demand, low interest rate environment are some of the factors that contributed to the 11-month high August sales volume. The rest of central region projects made up almost 50% of the total sales volume in August, up from 39% in July. Project outside the central region made up 40% of August’s sales, also 10% higher than of July.

Source: https://www.straitstimes.com/business/property/new-home-sales-surge-to-11-month-high-in-aug

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