Developers sold 1,780 private homes in March. This is an increase of more than 80 percent from the previous month when they sold 979 units and an 111 percent increase from March 2016 when they sold 843 units. March 2017’s figure is the highest since June 2013 when developers sold 1,806 private homes. If executive condominiums are included, the total number of units sold would swell to 2,358 units.
Grandeur Park Residences, a 99-year leasehold development in Tanah Merah, sold 484 units at a median price of $1,406 per square foot.
Park Place Residences, a 99-year leasehold development in Paya Lebar, sold 217 units at a median price of $1,805 per square foot.
iNz Residences, a 99-year leasehold executive condominium in Choa Chu Kang, sold 187 units at a median price of $774 per square foot.