December 2022 sees 170 private new homes sold, lowest since January 2009
In December 2022, developers sold just 170 new homes excluding executive condominiums (ECs), a 34.6% plunge from the 260 units sold a month earlier. This is the lowest monthly sales volume in the primary market since January 2009. Low sales in December 2022 were largely attributed to the lack of new private residential launches, with […]