New private home sales in Singapore soared in March, mainly spurred by the launch of two major private residential projects Lentor Mansion and Lentoria.
Excluding executive condominiums (ECs), developers sold 718 units last month, according to data released by the Urban Redevelopment Authority (URA) on Monday (Apr 15).
This was 4.7 times the 153 units sold in February, or a 369.3 per cent increase month-on-month, data by various property agencies showed.
Of the 718 units sold last month, 47 were in the prime location or Core Central Region (CCR), 66 were in the city fringe or Rest of Central Region (RCR) and 605 were in the suburbs or Outside Central Region (OCR).
CNA
