Huttons’ comments on Mar 2022 developer’s sales

Developers launched 309 units and sold 654 units in March. Sales in March 2022 are 20.7% higher than February 2022 and 49.5% lower than a year ago. Sales numbers rebounded from the low in February as the festive season ends. There was easing of safe management measures in March and that led to an increase in viewing capacity for showflats, resulting in more sales.
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Figure 1: Transactions $2 million and above

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The top ten private residential projects for March 2022 are:

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Table 1: Purchases by Residential Status and Price Range in March

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