Rise in private home sales not a reflection of surging demand: analyst

Uploaded By:  Paul Howell Submitted By:  Paul Howell Case Study:  No Residential property sales continue to surge since December. New home sales had risen by 32.2% MoM in January with 1,609 units sold, the strongest sales since 2013 where 2,028 units were transacted according to the Urban Redevelopment Authority sales survey. The record rise in sales also coincided with the launch of the 1,862-unit Normanton Park and The Reef At King’s Dock in the Harbourfront area. The launch contributing to the high number. read more