Singapore private home sales 2010 soar

PRIVATE home sales this year – totalling 15,018 units in the first 11 months – have beaten the 2007 record of 14,811 units.

New private homes sales skyrocketed to 1,909 units in November, 80 per cent more than the 1,058 homes sold the month before.

Including executive condominiums, the number was even higher at 2,084 units.

Top sellers include Keppel’s The Lakefront Residences near Lakeside MRT Station which saw 437 units snapped up at a median price of $1,075 per sq ft (psf), Sim Lian’s Waterview in Tampines Ave 10 which saw 376 units sold at a median price of $903 psf and Spottiswoode Residences which saw 258 buyers at $1,853 psf.

Source: www.straitstimes.com

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