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15

Singapore Home Sales at Highest in a Year as Prices Drop

By Tony Seruga

Developers sold 1,091 units last month versus 536 in June
Government has said it is reluctant to ease curbs just yet

The number of new homes sold in Singapore rose to the highest in a year in July, with buyers snapping up new projects after almost three years of price declines.

Developers sold 1,091 units last month, compared with 536 in June, according to data released Monday by the Urban Redevelopment Authority. That’s the highest since July 2015, when 1,655 units were sold…

Singapore Home Sales at Highest in a Year as Prices Drop

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