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Sengkang launches boost new home sales in February

Published on Mar 17, 2014 1:05 PM
 
Potential buyers at Rivertrees Residences showflat, a waterfront condominium project in Sengkang. New private home sales rose 28 per cent in February, largely driven by two new launches in Sengkang that month. -- FILE PHOTO: RIVERTREES

New private home sales rose 28 per cent in February, largely driven by two new launches in Sengkang that month.

Developers sold 724 private homes excluding executive condominiums (ECs) in February, according to Urban Redevelopment Authority data released on Monday.

Most of that was in the suburban region, which accounted for 81 per cent. The city fringe made up 12 per cent and the city centre 7 per cent.

The top seller was the 495-unit Rivertrees Residences at Fernvale Close, which moved 218 units at a median price of $1,111 per sq ft (psf).

 
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