New home sales in 2019 jump 15.6%

Source: https://www.edgeprop.sg/property-news/new-home-sales-2019-jump-156-developers-sell-10164-new-units

“With the conclusion of the first phase of the US-China trade agreement, the macroeconomic environment has shed a lot of uncertainty, and the momentum of home purchases established last year may continue into 2020,” Mr. Mai said, adding: “This year The supply of new housing is expected to be relatively low, and the warning about the so-called excess housing may have been exaggerated. ”

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