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Private home sales up 29% in April

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Private home sales up 29% in April
By Julie Quek | Posted: 16 May 2011 1324 hrs <LINK rel=image_src href="http://www.channelnewsasia.com/imagegallery/store/phpcdUwgZ.jpg">
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SINGAPORE: Sales of private residential properties increased in April.

1,788 private homes were sold last month, according to data released by the Urban Redevelopment Authority (URA) on Monday.

That's a 29 percent month-on-month increase from the 1,386 units sold in March.

Including Executive Condominiums (ECs), total sales would have reached an even more impressive figure of 1,901.

Chalking up the best sales was Eight Courtyards at Yishun Avenue 7, which sold 340 units at a median price of S$789 per square foot.

The best selling EC was the Prive at Punggol Road, which sold 34 units at a median price of S$682 per square foot.

Meanwhile, the most expensive property sold in April was at The Orchard Residences at Orchard Boulevard, where a unit was sold at a median price of S$4,799 per square foot.

- CNA/ir
 
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