New home sales surged 57% in March

613 units were sold.

Developers sold a total of 613 private non-landed residential units excluding Executive Condominiums in March, data from the Urban Redevelopment Authority (URA) showed today.

This represents a jump of 57% month-on-month compared to just 390 units sold in February.

On a year-on-year basis, the March new home sales figure represents an increase of 14% compared to 535 units sold in the same month last year.

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