Sales of uncompleted private homes continued to fall in November, making it the fourth consecutive month of decline.
Just 600 units were sold last month, a 26 per cent drop over October. It was also the second time since January that private home sales have dipped below 1,000 units.
November followed the trend in October, which showed a pickup in the number of high-end units being sold.
More than half of the units sold in November had median prices above S$1,500 per square feet.
The top selling property last month was Boulevard Vue at Cuscaden Walk, where three units were picked up by buyers at a median price of S$2,850 per square foot.
Source: Channel News Asia, 15 Dec 2009
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