Despite the strong take-up, total developer sales y-o-y were down 53%, from 1,567 units sold in April 2017. This is because developers released 1,616 units for sale a year ago, says Tricia Song, head of research for Singapore at Colliers International. “We forecast new home sales could rise by 19% y-o-y to 12,600 units (excluding ECs) from the 10,566 units in 2017, due to more project launches from government land sales and collective sales,” she says.