New private home sales in Singapore hit a high of 3,032 units in March, just three percent short of the record 3,138 homes sold in the previous month. Excluding executive condos (ECs), the sales volume reached 2,393. Data released today by the Urban Redevelopment Authority (URA) also shows that home sales have almost doubled compared to the same period last year.

The Transformation of the Jurong Lake District - Singapore’s Next Commercial Hub. Residents of Jurong will soon have a shopping mall that is more than half the size of ION Orchard right at their doorstep. Jointly developed by CapitaMalls Asia, CapitaMall Trust and CapitaLand, the S$1.5 billion mixed-use development project is slated to be completed by the end of 2014 and is expected to serve some one million people living and working in the area.