2015 seen 2.9% rise in private primary sales

Though Dec 2015 recorded half of the number of new private homes sold compared to the preceding month, this was not surprising as Dec is traditionally a lull period for property sales. For the whole of 2015, the sales of new private homes rose 2.9% compared to those in 2014, resulting in 7529 sales figures. This is despite that the number of new launches were fewer in 2015. This could signal a possible return of buyer interest to the primary sales market. However one may note that in 2013 a total of 14948 new homes were sold.

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