15 May '17, 8am

Developers sold 1,555 private homes in April

A total of 419 units were sold at Seaside Residences, making it the top-selling project last month. (Photo: Frasers Centrepoint Singapore) Property developers sold 1,555 new private homes in April 2017, down 12.6 percent from 1,780 units a month earlier, according to data from the Urban Redevelopment Authority. Seaside Residences along Siglap Link was the top-selling private residential project last month, with 419 units sold at a median price of $1,735 psf. This was followed by Artra at Alexandra View, which sold 126 units at a median price of $1,646 psf. No new executive condominium (EC) projects were launched in April, but developers still managed to sell 371 EC units. The most popular EC project was Sol Acres in Choa Chu Kang Grove, which moved 122 units at a median price of $787 psf. “There is a trend of greater market activities and rebound in consumers’ confidence, ...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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