Spiga

Singapore property market

Singapore property market strengthened again. The data was released The Urban Redevelopment Authority (URA) of Singapore showed 1476 units sold during the month of January 2010, or three times more than the previous month to 481 units berjumlaj.

The number of private homes sold also jumped after the last five months continued to decline.

Trend at the beginning of this month, the board projects over too mainstream.

Cube8, for example, urban development project located in Thomson Road, is also very popular. A total of 167 units sold last month with an average price of 1286 Singapore dollars per square foot. (Editors Note: 1 square foot = 0.0929 m 2, and 1 Singapore dollar equivalent of USD 6624)

A second location is currently constructing The Shore Residences in Amber Road by Dover Rise and Whitewater Properties, which has sold 144 units at an average price of 1200 Singapore dollars per square foot.

The most expensive unit price sold last month was in Angullia Orchard View Park, in 3243 Singapore dollars price per square foot. Orchard View will be launched in the first quarter of 2010, said Director of Wheelock Properties, Tan Bee Kim

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