The sale type depends on who sells and whether the project is finished

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The sale type depends on who sells and whether the project is finished

Diagram: how URA splits private home sales

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The sale type depends on who sells and whether the project is finishedDiagram: how URA splits private home salesLaunch. Developer opens salesLaunchDeveloper opens salesUnder construction. Project not finishedUnder constructionProject not finishedCompleted. Project finishedCompletedProject finishedNew sale, uncompleted. Buyer buys from. the developerNew sale, uncompletedBuyer buys fromthe developerSub sale. First buyer sells again. before completionSub saleFirst buyer sells againbefore completionNew sale, completed. Developer sells a. finished unitNew sale, completedDeveloper sells afinished unitResale. An owner sells to. a new buyerResaleAn owner sells toa new buyerowner resellsDeveloper sales = both new-sale boxes. Secondary sales = sub sales and resales.

Source: URA definitions of private residential sales counts.

View the data as a table
The sale type depends on who sells and whether the project is finished
StepDetailLeads to
LaunchDeveloper opens salesUnder construction; New sale, uncompleted
Under constructionProject not finishedCompleted; Sub sale
CompletedProject finishedNew sale, completed
New sale, uncompletedBuyer buys from. the developer
Sub saleFirst buyer sells again. before completion
New sale, completedDeveloper sells a. finished unitResale (owner resells)
ResaleAn owner sells to. a new buyer
Topic
What transaction volumes tell us
Segment
The overall market
Chart type
Flowchart
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