New home sales jump 65% in September, strongest demand seen in city-fringe areas

Home buyers in Singapore picked up 1,246 private homes last month, as developers rolled out a range of new property launches. The top seller in September was Sky Vue (showroom in picture) in Bishan, where 433 units were sold at a median price of $1,4
Home buyers in Singapore picked up 1,246 private homes last month, as developers rolled out a range of new property launches. The top seller in September was Sky Vue (showroom in picture) in Bishan, where 433 units were sold at a median price of $1,401 per sq ft, according to Urban Redevelopment Authority data. -- ST FILE PHOTO: ASHLEIGH SIM

Home buyers in Singapore picked up 1,246 private homes last month, as developers rolled out a range of new property launches.

This was a 64.8 per cent jump over August's 756 units, data from the Urban Redevelopment Authority (URA) showed on Wednesday. Both figures exclude executive condominiums (ECs).

The top seller in September was Sky Vue in Bishan, where 433 units were sold at a median price of $1,401 per sq ft (psf), according to URA data.

This was followed by Thomson Three at Bright Hill Drive, where 264 units were sold at a median price of $1,362 psf.

More than six in 10 units sold in September were city-fringe homes, URA data showed. Another 30 per cent were located in suburban areas, with the remaining 4 per cent located in the central districts.

Including ECs, a total of 1,658 new homes were sold in September.