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New home sales fall 26% as cooling measures bite

Published on Nov 15, 2012 3:35 PM

NEW home sales fell 26 per cent to 1,948 last month from 2,621 homes in September as the sixth round of cooling meaures took some steam out of the market.

This brings the total number of homes sold in the first 10 months of the year to 20,171 units - eclipsing last year's sales volume.

Including executive condominiums (ECs), a total of 2,624 homes were snapped up by buyers.

October's top selling projects include Skies Miltonia, Riversails, eCo and Sky Green.