princess_morbucks
15-04-14, 12:58
SINGAPORE - Sales of new private homes tumbled last month as buyers stayed on the sidelines amidst a softening market.
Developers sold 480 new units last month, 34 per cent down from 724 in February, according to Urban Redevelopment Authority figures released on Tuesday.
This was despite 724 new homes being launched for sale in March, an 8 per cent increase from 671 in February. These figures exclude executive condominiums (ECs).
The top seller was 597-unit The Santorini in Tampines, which sold just 76 units in March at a median price of $1,108 per sq ft (psf).
- See more at: http://www.straitstimes.com/news/business/property/story/new-private-home-sales-singapore-drop-march-20140415#sthash.825Vd4p3.dpuf
Developers sold 480 new units last month, 34 per cent down from 724 in February, according to Urban Redevelopment Authority figures released on Tuesday.
This was despite 724 new homes being launched for sale in March, an 8 per cent increase from 671 in February. These figures exclude executive condominiums (ECs).
The top seller was 597-unit The Santorini in Tampines, which sold just 76 units in March at a median price of $1,108 per sq ft (psf).
- See more at: http://www.straitstimes.com/news/business/property/story/new-private-home-sales-singapore-drop-march-20140415#sthash.825Vd4p3.dpuf