New private home sales in February fell nearly 50% month-on-month, with a total of 246 units sold | Lianhe Zaobao
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The private residential market in Singapore significantly cooled after the Lunar New Year, with new private home sales in February totaling 246 units, a 47% decrease from 466 units in January and a year-on-year decline of over 70%. Developers launched only 15 new units in February, far below the 786 units in January and 1,694 units in February last year. The Rest of Central Region (RCR) had the highest transaction volume, with a total of 103 units sold
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