S'pore private home sales up in Feb

More units launched, mostly outside central region

[SINGAPORE] Private home sales are expected to slow in March after picking up last month, given the cautious mood and a lack of new launches.

Developers sold more new private homes in February than a month ago, with top selling projects located outside the central region (OCR), data from the Urban Redevelopment Authority (URA) shows.

There were 724 private homes sold in February, up from 565 units in January and more than the 712 units moved in February last year. Another 45 executive condominiums (ECs) were sold last month, unchanged from January.

Developers also launched more units in February, mostly in the OCR area, following a slow festive season in January. Some 671 units were launched islandwide...

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