- As of May 2025, year-to-date new home sales (excluding ECs) are up an estimated 163% y-o-y to 4,339 units. However, June sales are expected to be slower due to fewer launches during school holidays.
- 2H25 pipeline of planned new launches (excluding ECs) of 7,168 units will drive sales, especially from July. 2H25 new launches are around 50% more than 1H25’s 4,669 units.
- - Read this at SGinvestors.io -
Key Highlights
Surge in new home sales.
- Excluding ECs, New home sales have been strong this year with a 168% jump in year-to-date as of May 2025.
- Recognition of new home sales commission revenue is 2-3 months after the property transaction. PropNex's 1H25 results will reflect the spike in new home sales, especially the robust Nov/Dec 24 volumes.
- - Read this at SGinvestors.io -
Stable resale, but HDB resale is slower.
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