According to statistics from URA (Urban Redevelopment Authority of Singapore), demand for new private homes in Singapore rose in June 2013. Sales of new private homes rose around 23.8 percent in June to 1,806 units, compared to the previous month. The strong rebound in new private home sales in June was largely driven by demand for mass market homes.
Analysts expect demand for ECs to remain strong. Including ECs, 2,119 new homes were transacted in June, compared to 1,916 units sold in the previous month. Forestville in Woodlands was the best-selling EC project in June with 226 units sold. Next EC launch expected is at Sembawang – SkyPark Residences
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