>> ASIAONE / BUSINESS / MY MONEY / PROPERTY / STORY
Fiona Chan
Thu, May 15, 2008
The Straits Times
Private home sales slide in April

PRIVATE home sales weakened further last month, with the number of new homes launched and sold dropping sharply from March.

Developers launched just 271 units in April, most of them in mass market projects. This was less than half of what they launched in March, and the lowest number since the Urban Redevelopment Authority started releasing monthly sales figures last June.

Buyers took up 274 homes, down from the 301 sold in March.

Prices also continued to dip, with the median price of new sales sliding 8.9 per cent to $943 per sq ft.

Among the best-selling projects last month were the 56-unit Stadia in Yio Chu Kang Road, which sold 52 units, and the 88-unit Breeze by the East in Upper East Coast Road, where 22 units were sold.

The 848-unit Lakeshore in Jurong West saw another 32 units sold, while 14 units were taken up at the 625-unit Quartz in Buangkok.


Is this article useful to you?
 

 
STORY INDEX
 
  Market affects individual resale price of flats
   
 
  Pre-sold projects lend support as developers undergo correction
   
 
  One pipe? HDB says it's actually two
   
 
  Proxy votes in Mandarin Garden
   
 
  Unveiling of URA Master Plan
   
 
  Frasers Centrepoint Trust completes first mall revamp
   
 
  Top? Top of what?
   
 
  Wife not automatically entitled to half of HDB flat
   
 
  Not too late to cash in on office boom
   
 
  'It's like living in a shipyard'
   
>> RELATED STORY
Pre-sold projects lend support as developers undergo correction
One pipe? HDB says it's actually two
Proxy votes in Mandarin Garden
Unveiling of URA Master Plan
Frasers Centrepoint Trust completes first mall revamp

Elsewhere in AsiaOne...

Investor Relations: Vietnam's real estate market is booming

News: Housing subsidies only for citizens and PRs

Travel: New malls on the block: ION Orchard and Orchard Central

Motoring: NY parking lots cost as much as 5-room AMK flat

 

We welcome contributions, comments and tips.
a1admin@sph.com.sg
   

Search: