New private home sales up 60% in Oct

In the press, it was reported that two condo launches bolstered sales in October though experts say the market will stay flat.

According to the Urban Redevelopment Authority (URA) yesterday,  there were 546 new private homes sold last month, up 60 per cent on the 341 moved in September.

The total is 822 units if executive condominiums are included, up 31 per cent from the 629 homes sold in September.

The best sellers in October (with median $psf) are

  • Principal Garden ($1633)
  • Thomson Impressions ($1399)
  • Sims Urban Oasis ($1285)
  • The Panorama ($1226)
  • High Park Residences ($922)

These sales were about 30 per cent lower than the 785 units moved in October last year.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s