POSTED: 16 Dec 2013 14:45 | CNA


Demand for new private homes in Singapore jumped 15 per cent in November, led by strong sales from new launches such as Duo Residences in Bugis and Alex Residences at Redhill.

According to data from the Urban Redevelopment Authority (URA), 1,228 units of new private homes were sold in November, up from a revised 1,070 units transacted in October.

Among the units sold, 214 are located in the suburban areas, 352 units in the city fringe, and 662 units in the core central region.

– CNA/al