Sales of private homes dipped 8 per cent in March to 1,220, compared to 1,323 in February.
Latest data from the Urban Development Authority (URA) showed that new properties in suburban areas saw strong sales.
Properties located just outside the city also drew strong demand. The Arte at Thomson for example, saw 90 units changing hands at a median price of S$874 per square foot.
Developers also placed fewer new units for sale in March – 832 compared to 1,069 in February, down 22 per cent.
Source : Channel NewsAsia – 15 Apr 2009