March record month for SGPRE

Asis Property Report
16 Apr 2008

The number of developments launched in Singapore during March 2008 was the highest in seven months, the city state´s Urban Redevelopment Authority (URA) has revealed.

According to a statements released today by the URA, “total islandwide new launches and take-up for non-landed properties in March rebounded from the February low, recording the highest level of new launches in seven months”.

A total of 632 units were launched in March, some 84.3 per cent higher than in February. Similarly, 293 units were sold in March a figure 79.8 per cent increase from February. According to the URA, the rise suggests “a potential strengthening of developers and buyers sentiments islandwide.”

http://www.property-report.com/aprarchives.php?id=1384&date=160408