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It seems that developers are now looking at a drop in Avenue South Residence as the recent sales figures shows that developers have a drop in the number of sales figures. New private home deals in Singapore fell by 22.8 percent to 301 units in February, from 390 units in the same period a year ago, as indicated by information discharged by the Urban Redevelopment Authority (URA). As indicated by Dairy Farm Residences activists, the “slower designer deals were relied upon because of the Lunar New Year hush and the continuation of the unpredictability in the stock exchange from the earlier month”. By area, deals in the Core Central Region (CCR) tumbled to 25 units in February, barely short of the 26 units sold in the earlier month, and the 30 units sold at Penrose condo a year prior. The sales figures shows that buyers are now looking at different properties that are flooded for choices and developers are open to more discounts. In the Rest of Central Region (RCR), exchange levels edged up to 82 units for Clavon in January 2020. In any case, contrasted with the 185 units sold a year prior, this territory saw the biggest year-on-year decay of 56 percent. In the interim, designers sold 194 units in the Outside Central Region (OCR) thanks to the property agent career tracks. While this means a 10 percent drop from the 216 units moved in the prior month, it is a 11 percent change from the 175 units sold in February 2015. As per PropNex Realty, properties in One North Eden represented 64 percent of aggregate deals by engineers, while those in the CCR and RCR made up nine percent and 27 percent separately.
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