22 Oct '13, 4am

Expect 4,800 private homes from 17 launches to go on sale from now till year end via @sharethis

Expect 4,800 private homes from 17 launches to go on sale from now till year end via @sharethis

New private residential launches are expected to be back in full swing as developers rush to release some of the pent up supply. An estimated 4,800 units from 17 launches are due to go on the market from now till the end of the year. Although the bumper crop is higher than the 3,342 new units put on sale in the third quarter, the figure is still below the 5,564 units launched in the first three months this year. Property consultants noted that developers who are intending to launch their projects by the end of this year may be hard pressed for time now as the window of opportunity for a 2013 launch is closing with barely six weeks before December, the typical lull period sets in. Low activity usually kicks in around mid-December and would stretch till Chinese New Year. To put things into perspective, even if developers were to push out all their projects before 31 December...

Full article: http://www.iproperty.com.sg/news/7756/Expect-4,800-privat...

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