Demand for new private homes in Singapore eased by 19 per cent in October.
According to data from the Urban Redevelopment Authority (URA), 1,009 units of new homes were sold in October, down from 1,246 units transacted in the previous month.
The top selling projects during the month were located in the suburban areas.
They included The Inflora at Flora Drive which sold 388 units, and Nine Residences in Yishun with 96 units sold.
URA said a total of 716 units of new mass market homes were sold last month.
The city fringe saw 212 new units sold, while 81 units were transacted in the core central region.
Including Executive Condominiums (EC), 1,108 units of new homes were sold in October, down from 1,658 units in September.
Source : Channel NewsAsia – 15 Nov 2013