SINGAPORE - Developers’ sales more than quintupled to a near two-year high of 1,412 private residential units in July, turbocharged by four non-landed project launches that month.
The number of units launched in July jumped to a 2½-year high of 2,156 units, from just 31 units in June, and surged 428 per cent from 408 units a year ago, according to data released by the Urban Redevelopment Authority on Tuesday. Altura sold 220 units and The LakeGarden Residences moved 71 units , while the three other new launches over the past weekend managed to sell only a total of 53 units, Ms Song noted.sold 19, or 24 per cent, of its 78 units and TMW Maxwell sold seven, or 2 per cent, of its 324 units. The Arden in the suburbs sold 27, or 26 per cent, of 105 units,” she said.“Prices have moved up significantly.
Source: Financial Digest (financialdigest.net)
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