18 Sep '16, 9am

What's the most popular property type in August?

Despite a lack of new residential project launches in August, executive condominiums (ECs) sold best. Developers sold a total of 805 private residential units and EC units in August, down from July's 1,921 units - with ECs taking up 41 per cent of the sales volumes in August. Excluding ECs, some 473 private residential units were moved in August, about 8 per cent fewer than a year ago, according to the Urban Redevelopment Authority (URA) through a developers' survey. The only project launch in August was Victoria Park Villas , CapitaLand's 99-year-leasehold landed project in District 10. The project sold only one unit in August for S$1,981 per square foot (psf) based on land area but had earlier moved seven units prior to its official launch. The top three sellers in August were EC projects. Sim Lian's Treasure Crest in Sengkang sold another 56 units in August at a median ...

Full article: http://www.srx.com.sg/singapore-property-news/23822/whats...

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