Thursday, July 15, 2010

Private home sales in June falls to 847 units: URA

Demand for new private residential properties continues to moderate.

The number of new homes sold fell in June to 847 units, according to figures from the Urban Redevelopment Authority.

That’s down from 1083 transactions done in May 2010.

The top sellers in June include projects like The Minton, La Brisa and Waterfront Gold.

URA says 143 new homes in the city and prime districts were sold during the month.

While the city fringe saw 275 units changing hands.

Homes in the suburban areas were most popular with 429 units sold.

All in, developers placed 1,010 units of new homes for sale in June.

Source: Channel News Asia, 15 Jul 2010

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