Private property sales rebound in Oct

Sales of private home units rebounded in October, climbing above the 1,000 units level yet again.

Data released on Monday by the Urban Redevelopment Authority (URA) showed that 1,058 private units were sold last month.

Including Executive Condominiums, the total sales would have reached an even more impressive figure of 1,587.

That’s higher than the 911 units sold in the previous month.

Chalking up the best sales was Esparina Residences at Buangkok Drive, which sold 425 units.

Sales fell in September after the government imposed property cooling measures that took effect from August 30.

Source : Channel NewsAsia – 15 Nov 2010

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