Following is a report by the good folks at Savills on the Singapore residential sales status in Q2 2014.
It provides a concise understanding of developments within the private residential market during the last quarter and its outlook.
The one thing that stands out for the wife and I when reading this is the rather massive pipeline supply figures of 83,633 units (as of end June 2014), of which 41.4% (34,643 units) remained unsold. And this is only private homes, excluding ECs!
Click on the link below to access the report:
http://www.scribd.com/doc/236666813/Savills-SG-Residential-Sales-Briefing-Q2-2014
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