|
|
District |
New homes (condo/apt) |
Secondary sale
(condo/apt) |
New homes (Landed) |
Secondary sale
(Landed) |
|
1 – 8 |
1,773 |
2,844 |
15 |
140 |
|
9 |
827 |
1,355 |
11* |
566* |
|
10 |
582 |
2,009 |
- |
- |
|
11 |
532 |
912 |
- |
- |
|
12 – 14 |
435 |
1,134 |
23 |
330 |
|
15 – 16 |
978 |
3,167 |
4 |
872 |
|
17 – 18 |
189 |
593 |
0 |
124 |
|
19 – 20 |
257 |
1,066 |
25 |
855 |
|
21 |
83 |
795 |
0 |
157 |
|
22 – 23 |
254 |
902 |
2 |
166 |
|
25 – 28 |
62 |
413 |
36 |
457 |
|
Sub-Total |
5,972 |
15,190 |
116 |
3,667 |
|
Sub-total condo/apartments |
21,162 |
Sub-total landed |
3,783 |
* The number of new landed homes sold is a combined figure of District 9, 10 and 11
Total number of private properties sold between January and August 2007 = 24, 945
For the same period last year, new home sale figure stood at 4,381 units and secondary sale of condo/apartments at 6,693 units. Total number of condo/apartments sold over the same time period last year was 11,074.
That means developers have sold 1,591 more new condos/apartments over the same period last year and this represents a 36.32% growth over last year.
As for secondary sale of condo/apartments, there were 8,497 more transactions this year compared to the same time period last year and this is a 126.95% jump over last year.
As for landed properties, developers sold fewer new landed homes so far this year compared to the same period last year where 225 new landed homes were sold. Only 116 new homes were sold during the same period this year.
As for secondary sale of landed homes, there were 1,950 more landed homes sold this year compared to the same time period last year and it was a 106.38% increase in transactions. The landed home market has improved by 83.82% over the same period last year.
Overall, total transactions in the private property market have jumped over 125% so far this year compared to the same period last year.
Written by Sam Gian – Independent real estate sale consultant
|