28
October
2017
|
00:18
Asia/Singapore

Significant supply of private housing units in pipeline: URA

The findings of a quarterly Urban Redevelopment Authority survey conducted by the Real Estate Developers’ Association of Singapore and the Dept of Real Estate at NUS School of Design and Environment showed that two-fifths of private homes coming up here, or 17,178 units, have not been sold, but the market could be flooded with close to the same number of new units soon, largely from the en-bloc fever seizing the market in the past year or so.