Huttons’ comments on December 2021 developer’s sales

Developers launched 383 units and sold 650 units in December. Sales in December are 58% lower than November 2021 and 46.6% than a year ago. The market caught a chill after the Government imposed cooling measures on 16 December 2021. The year-end festivities, preparation for a new school term and overseas holidays via the VTLs played a role in the lower overall sales. Developer’s sales in December tend...

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