New private home sales in December down 53% from November but up 10.6% from year ago: URA data


Although sales in December 2019 was a big dip compared to November 2019, overall sales for the whole Year of 2019 was an increased of 10.6% in new homes. With the statistics shown in the news article, comparing the exact same month of December 2019 and December 2018, the figures was a jump in over 50%. Numbers have shown that there were more launches in Year 2019, which means that the interest level by purchasers are still around, just having note that they are finding the right choice in this current market. Having said that, Avenue South Residence was listed as TOP TEN Selling New Homes in Year 2019 which reflects the attractive attributes that purchasers are looking at. The Location Map shows why this is one of the main factors within the Rest Central Region that many are looking at, especially knowing that Year 2020 there will be fewer City-fringe launches coming up.

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