According to the figures released by Urban Redevelopment Authority (
URA) based on its surveys of licensed housing developers. Private homes sold by developer in Jan 2018 up by 37% from a year ago.
Analysts generally termed the January sales as "healthy", especially given that no new private housing or EC projects were launched last month among projects that were still licensed.
"The firm economic outlook for Singapore this year should continue to drive positive sentiment and confidence in the property market," said Ms Tricia Song, head of research for Singapore at Colliers International.
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