Singapore private home sales rise in Nov from Oct

[princess_morbucks]

http://www.straitstimes.com/breaking...v-oct-20131216

SINGAPORE (Reuters) - Sales of private homes by developers in Singapore rose 15 per cent in November from October, government data showed on Monday, indicating still strong demand for residential property despite a series of curbs.
Data compiled by the Urban Redevelopment Authority showed developers sold 1,228 units last month, up from a revised 1,070 units in October.
Last month's figure was also higher than the 1,087 units sold in November 2012.
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The Business Times ‏@BTBreakingnews 28m #Developers sold 1228 private homes excluding exec condos in November. Including ECs they sold 1714 units: #URA #property

[princess_morbucks]

http://www.straitstimes.com/breaking...-units-2013121

Buying demand took a turn last month as buyers picked up 1,228 new private homes from developers.



This was 15 per cent more than October's sales of 1,070 units, which in itself was 14 per cent down from 1,246 units moved in September, according to figures released on Monday by the Urban Redevelopment Authority.


Last month's buying was largely driven by new launches in the city centre, which made up 54 per cent of all units sold.



About 17 per cent of the units sold were in the suburbs, while the remaining 29 per cent were located in the city-fringe areas.