Posted: 15 February 2013 1313 hrs

SINGAPORE

Sales of new private homes in Singapore jumped by about 42 per cent on-month in January 2013, despite the latest round of cooling measures introduced last month.

According to the Urban Redevelopment Authority (URA), 2,013 units of new private homes were sold in January, compared to 1,410 units sold in December 2012.

The data released by URA on Friday showed that 350 units of new private homes located in the core central region were sold in January.

Meanwhile, developers moved 376 new units in the city fringe and 1,287 units in the suburban areas.

– CNA/ck