Record Homes Sales In June

Source : The Business Times, July 15, 2009

DEVELOPERS sold a whopping 1,825 units of new homes in June, up from an already-high 1,673 units in May.

One Devonshire is a prime project that managed to attract buyers for 146 units out of 152 units released. The median price achieved was at $1771 psf. -- PHOTO: ALLGREEN

The monthly take-up has surpassed the boom-time high of 1,731 units recorded in August 2007.

Data released by the Urban Redevelopment Authority on Wednesday also showed that developers launched 1,637 units last month, up from 1,162 units in May.

Sentiment improved considerably in June, leading many to jump into the market.

8@Woodleigh stands out for having sold out all 330 units within days. The project achieved a median price of $804 psf. -- PHOTO: FRASERS CENTREPOINT

The top sellers in June were 8@Woodleigh in Woodleigh Close, One Devonshire in Devonshire Road and Vista Residences in Jalan Datoh.

Among them, 8@Woodleigh stands out for having sold out all 330 units within days. The project achieved a median price of $804 psf.

Also, One Devonshire is a prime project that managed to attract buyers for 146 units out of 152 units released. The median price achieved was at $1771 psf.