Huttons Group, a leading real estate agency in Singapore, has shared its insights on the developers’ sales performance in August 2024. According to their analysis, new home sales saw a significant increase of 25% compared to the previous month. The strong demand was driven by the launch of several new projects and the continued preference for suburban areas. Huttons also noted that the average selling price for new homes rose by 10% in August, reflecting the market’s resilience. The agency expects this positive trend to continue into the next quarter.
