23 Nov '15, 3pm

New: Singapore Property News This Week #235 https://t.co/VUOGbKPnWf

Non-landed home sales increase by 60% in Oct In October, developers sold 546 non-landed homes—a 60% increase from the 341 sold in the previous month. According to the Business Times, the launch of Principal Garden and Thomson Impressions made up 35.5% of the sales in October. The former had sold 113 units at a median price of $1,633 psf, while the latter sold 80 units at a median price of $1,399 psf. Despite the boost in sales, market experts explained that the overall private residential market remained muted due to the effects of the cooling measures. Ong Kah Seng from R’ST Research predicts that developer sales activity will remain sluggish for the rest of the year due to the holiday season. (Source: Business Times) Sentosa Cover bungalow sold for $2,775 psf A bungalow at Sentosa Cover was sold for $23.8 million or $2,775 psf based on a land area of 8,576 sq ft. Accordi...

Full article: https://www.propwise.sg/singapore-property-news-this-week...

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