Developer sales fall 26.6% m-o-m in May, Lentor Hills Residences tops best-seller list to move 25 units

Developers sold a total of 221 new private residential units (excluding Executive Condos) last month, which marks a 26.6% m-o-m decline in the private new home sales market compared to the 301 units sold in April. The best selling project last month was Lentor Hills Residences which moved 25 units at a median price of $2,164 psf. Based on developer sales data, the project is about 88% sold to date, close to a year after it launched on the market. Editor's note: This story is developing. More to come. Check out the latest listings for Lentor Hills Residences properties