Monday, February 27, 2012

Far East tops chart for home sales

Straits Times: Mon, Feb 27
DEVELOPER Far East Organization led the way in sales last year, selling 2,718 new homes on the back of a robust property market and low mortgage costs.

The privately owned firm captured about 17 per cent of the market, with unit sales almost double those of City Developments (CDL) and its parent Hong Leong Group, which sold a total of 1,434 units.

Sim Lian Group, Frasers Centrepoint and CapitaLand rounded off the top five, according to data complied by consultancy DTZ Research...

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