About 33,600 private units and executive condominiums will be completed in the next two years in Singapore. Photo: Bloomberg
About 33,600 private units and executive condominiums will be completed in the next two years in Singapore. Photo: Bloomberg
Singapore

Singapore home sales hit 8-year low amid tight supply

  • Builders have launched fewer projects this year, driven by a low supply of land for private housing development in 2020 and 2021
  • Despite the drop in transactions, analysts expect underlying demand to remain strong and home values to rise next year

About 33,600 private units and executive condominiums will be completed in the next two years in Singapore. Photo: Bloomberg
About 33,600 private units and executive condominiums will be completed in the next two years in Singapore. Photo: Bloomberg
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