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Residential Market Update: Q1 2024

Driven by supply from established developers, stable economic conditions, and positive buyer sentiments, residential sales in the first quarter of 2024 experienced significant growth. It achieved the highest residential sales as compared to all previous Q1 performances, selling a total of 74,486 units. This quarter marks the second consecutive one where sales have exceeded 74,000 units, following the record-breaking performance in Q4 2023(75,591 units).

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