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1,544 private residential units sold in July; 82.3% higher than units sold in June
By Mok Fei Fei | Posted: 16 August 2010 1304 hrs
SINGAPORE: Demand for new private residential properties in Singapore jumped in the month of July above the 1,000 units level.
Data just released by the Urban Redevelopment Authority (URA) showed that 1,544 units were sold last month.
That's 82.3 per cent higher than the 847 units sold in the previous month.
The hottest development was "The Scala" at Serangoon Avenue 3, which sold 400 units for a median price of S$1,173 per square foot.
The most expensive unit sold was Boulevard Vue at Cuscaden Walk, where a unit was sold for S$4,600 per square foot. - CNA/vm