Apr
17

Singapore Home Sales Surge to Highest in Almost Four Years

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  • Government eased some property market curbs last month
  • Prices fell for a record 14th quarter, declining 0.5%

Visitors at the 50th floor skybridge of an apartment block take in a panoramic view of Singapore.

Photographer: Munshi Ahmed/Bloomberg

Singapore home sales surged to the highest monthly total for nearly four years in March, a month in which the government rolled back some property curbs following a three-year slide in prices.

Developers sold 1,780 units in March, the most in a month since June 2013 and more than double the 843 sold in the same period last year, according to data released Monday by the Urban Redevelopment Authority. A total of 1,527 units were offered, almost three times the 550 in February…

Singapore Home Sales Surge to Highest in Almost Four Years

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