Oxley's 1953 moves a third of its units; Sustained Land's One Meyer 14% sold

Singapore

AMID more muted home-buying sentiment, residential property developers appear to be more easily contented with lower sales rates.

Over the weekend, Oxley moved about a third of its residential and commercial units at 1953, a six-storey mixed development at the corner of Balestier and Tessensohn roads - a result that marketing and sales director Eugene Lim said was "encouraging in these current market conditions".