July sales rebound.....

It was reported on the 9.30 news tonight that July private home sales have defied expectation by reversing the decline that started in May.

A total of 1,544 private residential units were sold. This is 80% higher than the number of units sold in June (847).

The best performing project in July is The Scala at Lorong Chuan, where a total of 400 units were sold at an average price of $1,173psf. This has continued to boost sales in the suburban market.

For the first seven months of 2010, a total of just under 10,000 units were sold.
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