2012 dec 15 Private home sales seen falling 25% next year Savills cites local buying fatigue and increasing home completions. -BT Zeinab Yusuf Saiwalla The Business Times Above photo is CityLife @ Tampines. SINGAPORE - Sales in the private residential market could fall by more than 25 per cent next year, as a result of local buying fatigue from the many new launches over the past years and increasing home completions, according to a report by Savills Research Singapore. This would mean that from the record breaking 20,000 units sold in the past 10 months of this year, transaction numbers are likely to hover between 16,000 and 18,000 next year. Prices, however, are expected to continue their upward trend, in line with rising land costs and demand from overseas investors. According to Savills data, the average unit price of luxury condos in Singapore posted a second quarterly rise of 2 per cent quarter on quarter (q-o-q) from $2,350 per square foot (psf) to $2,395 psf in ...