{"id":54823,"date":"2017-05-15T14:33:55","date_gmt":"2017-05-15T07:33:55","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-sold-1555-private-homes-in-april\/"},"modified":"2017-05-15T14:38:50","modified_gmt":"2017-05-15T07:38:50","slug":"developers-sold-1555-private-homes-in-april","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-sold-1555-private-homes-in-april\/","title":{"rendered":"Developers sold 1,555 private homes in April"},"content":{"rendered":"


\nA total of 419 units were sold at Seaside Residences, making it the top-selling project last month.\u00a0(Photo: Frasers Centrepoint Singapore)
\nProperty developers sold 1,555 new private homes in April 2017, down 12.6 percent from 1,780 units a month earlier, according to data from the Urban Redevelopment Authority.
\nSeaside Residences along Siglap Link was the top-selling private residential project last month, with 419 units sold at a median price of $1,735 psf. This was followed by Artra at Alexandra View, which sold 126 units at a median price of $1,646 psf.
\nNo new executive condominium (EC) projects were launched in April, but developers still managed to sell 371 EC units. The most popular EC project was Sol Acres in Choa Chu Kang Grove, which moved 122 units at a median price of $787 psf.
\n\u201cThere is a trend of greater market activities and rebound in consumers\u2019 confidence, which have led to greater number of sales, even in projects that have already been launched earlier and nearing TOP dates,\u201d said Mohamed Ismail, CEO of PropNex Realty.
\n\u201cMore consumers will come to the realisation that the market has bottomed out and prices are likely to inch upwards with the strong land bid prices we are currently witnessing. We are optimistic that the number of transactions will cross the 15,000 mark (including ECs) and 10,000 units (excluding ECs) by the end of 2017,\u201d noted Ismail.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Developers sold 1,555 private homes in April<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A total of 419 units were sold at Seaside Residences, making it the top-selling project...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-54823","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-egf","jetpack-related-posts":[{"id":58034,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-private-home-sales-down-34-in-may\/","url_meta":{"origin":54823,"position":0},"title":"New private home sales down 34% in May","date":"June 16, 2017","format":false,"excerpt":"\r Artist\u2019s impression of Parc Riviera at West Coast Vale. Property developers in Singapore sold 1,024 private homes in May, down 34 percent from 1,558 units in April, according to latest numbers from the Urban Redevelopment Authority. Unlike the previous month which saw two major projects hit the market \u2013\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63952,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/several-factors-responsible-for-rise-in-ec-sales\/","url_meta":{"origin":54823,"position":1},"title":"Several factors responsible for rise in EC sales","date":"August 18, 2017","format":false,"excerpt":"\r Artist\u2019s impression of Northwave EC in Woodlands. Sales of executive condominium (EC) units picked up in July, buoyed by the quick sell-out of Hundred Palms Residences in Hougang. The project sold all 531 units within just seven hours at a median price of $843 psf. \u201cThe strong performance of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40878,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-private-home-sales-hits-3-year-high\/","url_meta":{"origin":54823,"position":2},"title":"New private home sales hits 3-year high","date":"January 17, 2017","format":false,"excerpt":"\r Singapore developers sold a higher number of units last year due to the more affordable prices at new launches. \u00a0 Sales of new private homes, including executive condominiums (ECs), climbed to a high of 12,408 units compared to the 9,026 and 10,199 units transacted in 2014 and 2015 respectively,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88247,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-sales-surge-68-to-1325-units-in-april\/","url_meta":{"origin":54823,"position":3},"title":"Developer sales surge 68% to 1,325 units in April","date":"May 15, 2018","format":false,"excerpt":"\r Artist\u2019s impression of Rivercove Residences EC in Sengkang. Sales of new private homes, including executive condominiums (ECs), rose 68.1 percent in April to 1,325 units from 788 in the previous month, according to latest figures from the Urban Redevelopment Authority. Excluding ECs, developers sold 729 private units last month,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91728,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-private-home-sales-jump-53-in-may\/","url_meta":{"origin":54823,"position":4},"title":"New private home sales jump 53% in May","date":"June 19, 2018","format":false,"excerpt":"\r Thousands of buyers turned up at the showflat of Twin Vew during the launch in May. (Photo: CSC Land) Sales of new private homes in Singapore reached 1,121 units in May 2018, representing a 53.1 percent jump from the month before and a 7.9 percent increase from the same\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79856,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-private-home-sales-up-37-from-a-year-ago\/","url_meta":{"origin":54823,"position":5},"title":"New private home sales up 37% from a year ago","date":"February 14, 2018","format":false,"excerpt":"\r Symphony Suites sold 65 units in the month of January, making it the most popular project.\u00a0 Property developers sold 522 new private homes excluding executive condominiums (ECs) in January 2018, up 21 percent from 431 units in the month before, according to data published by the Urban Redevelopment Authority\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/54823"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=54823"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/54823\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=54823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=54823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=54823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}