Private Home Sales Hold Up

Source : The Business Times, April 15, 2009

Property developers sold 1,220 new private residential units in March, said the Urban Redevelopment Authority on Wednesday.

This is a slight dip from the 1,332 units sold in February but the number still exceeds the 108 units sold in January.

The launch of Double Bay Residences in Simei provided some support to March sales - 264 units were sold, the highest among the more than 400 projects listed.

In total, developers launched 832 units in March. This is lower than the 1,072 in February.