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OrangeTee Private Home Sales Data December 2011
Summary
Primary home sales falls 63% m-o-m to 632 units in December 2011, according to the monthly sales data released by the Urban Redevelopment Authority (URA).
Key points:
- Developers sold a total of 632 private residential units in December, down 63% from the previous month.
- Islandwide median prices fell to S$1,418 psf, down by 5.0% from the previous month.
- Best selling projects in December are Archipelago (S$1,118 psf), The Nautical (S$882 psf), The Palette (S$901 psf), Cardiff Residence (S$1,328 psf) and Bedok Residences (S$1,362 psf).