Breaking news: December private home sales ease...

It was reported in the 9.30pm news that December 2010 private home sales fell 580 units compared to November 2010.

However, private home prices in the suburban region have set a new high.

A total of 1,332 new private homes (1,699 if including ECs) were sold in December, with a total of 4,850 new units launched during the month.

In the suburban region, Centro Residences in Ang Mo Kio achieved a median price of $1,400psf. This is in comparison to the $1,500psf median price for d'Leedon in Farrer Road.

More details to follow tomorrow...

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