Developers sell 301 private homes excluding ECs in Feb, down from 323 in Jan

DEVELOPERS in Singapore sold 301 private homes in February 2016, down from 323 units in January 2016 and 390 units in February 2015.

These figures exclude executive condominiums (ECs), which are a public-private housing hybrid.

Inclusive of ECs, developers moved 430 units last month, again lower than the 479 units in the previous month and 455 units in February last year.

These figures were released on Tuesday by the Urban Redevelopment Authority based on its surveys of developers' housing sales.