30 Mar '17, 2pm

New post added at LushHomeMedia - New private home sales more than doubled in February

Demand for new private homes more than doubled in February, with 977 units sold by developers compared with the 382 units sold in January, according to figures by the Urban Redevelopment Authority (URA) on Wednesday (Mar 15). Compared to figures a year earlier, the 977 units sold is more than triple that of the 303 units sold last February. Including executive condominiums (ECs), a total of 1,306 units were sold last month. The 329 ECs sold is an 81 per cent jump from the 182 units sold in January. There were 550 new units launched by property developers last month, which is more than the 108 in January, and the majority came from The Clement Canopy and Parc Riviera in the Clementi and West Coast region of Singapore. Mr Eugene Lim, key executive officer at ERA Realty Network, said the figures represented a “good start” to the year and activity from buyers can be expected t...

Full article: http://www.lushhomemedia.com/manage_posts/2017/03/30/new-...

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