More snapping up luxe condos even as new private home sales in April slow

Singapore

BUYERS continue to fork out for posh condos amid a more sanguine economic outlook. This is even as new private-home sales in April have dipped slightly from March.

Developers moved 1,262 units in April, down 2.6 per cent from March's 1,296, according to consultants' flash estimates. Including executive condominiums (ECs), sales reached 1,342, easing 2.3 per cent against March. ECs are a private-public housing hybrid.