Tuesday, May 15, 2012

New private home sales up 3.9% on-month

SINGAPORE: The number of new home sales in Singapore reached 2,487 in April, surpassing the previous month's total of 2,393 units.

The Urban Redevelopment Authority (URA) said 1,514 homes were sold in the suburbs or Outside Central Region (OCR), while 867 new private units were sold in the city fringes and 106 were sold in the city.

On Tuesday, the government announced it will be releasing five residential sites for sale this month.

In a statement, URA said this could yield a total of 2,100 housing units, which will form part of some 14,000 residential units to be released under the Government Land Sales (GLS) Programme for the first half of 2012.

The site at Pheng Geck Avenue is launched for sale under the Confirmed List on Tuesday.

Four other residential sites at Tai Thong Crescent, Kim Tian Road, Prince Charles Crescent and Sengkang West Way are made available for application on the Reserve List on Tuesday.

View the original article here

Source From Channel News Asia

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