Singapore private home sales up in January

Sales of private homes in January rose from the previous month as developers launched more units.

Excluding executive condominiums (ECs), developers sold 372 new units in January, up from the 230 units sold the previous month, data from the Urban Redevelopment Authority showed on Monday (Feb 16). Including ECs, 556 new units were sold last month, up from 406 units the previous month.

The rise in sales came as developers launched more units, with 415 units launched in January, up from the 53 units launched in the previous month.

Source : Channel NewsAsia – 16 Feb 2015

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