New Private Homes Sales Up 57.3% In February Amid COVID-19 Situation


New private residential sales surged 57.3% in February 2020 barring the Coronavirus virus outbreak and the lull season over the Chinese New Year period.  A total of 1314 units were sold, as compared to 640 in the preceding month and 457 in the preceding year.  Sales volume had been encouraging and Propnex Realty CEO, attributed this to developers attractive pricing strategy.

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