Monday, April 16, 2012

New home sales remain strong in March

SINGAPORE: New home sales in Singapore remained strong last month.

A total of 3,032 units of new homes were sold in March, of which 2,393 were private homes while the rest were made up of executive condominiums.

The 2,393 units of private homes sold last month were marginally lower than the 2,413 units transacted in February.

In March, the star performers were Ripple Bay which sold 326 units, followed by The Minton with 118 units sold and Riversound Residences which sold 115 units.

All the top-selling projects are located in the suburban areas.

As for executive condominiums, the number of units transacted also dipped slightly - from 725 units in February to 639 in March.

The best selling EC projects last month were Twin Waterfalls, with 369 units changing hands, and The Tampines Trilliant with 153 units sold.

For the first quarter, a total of 8,247 units of new homes including executive condominiums were sold.

- CNA/ac

View the original article here

Source From Channel News Asia

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