15 Dec '11, 8am

New private home sales up 22%, 1,701 units sold in November

New private home sales up 22%, 1,701 units sold in November

New home sales, including ECs, climbed to 1,854 units in November compared to October's 1,642 units. Most of the action was centred around mass market developments, with Bedok Residences (above) leading the way. -- PHOTO: BEDOK RESIDENCES By Dennis Chan Sales of new private homes, excluding executive condominiums (ECs), in November rose to 1,701 units, up a hefty 22.3 per cent against the previous month, said the Urban Redevelopment Authority on Thursday. A total of 1,391 units were moved in October. New home sales, including ECs, in November climbed to 1,854 units compared to October's 1,642 units. Most of the action was centred around mass market developments, with Bedok Residences leading the way. The project sold 477 units at a median price of $1,359 per square foot (psf). The Palette in Pasir Ris shifted 367 units at a median price of $895 psf. In total, 1,979 homes w...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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