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Singapore April Home Sales Jump to Highest Since November
15-05-2018, 06:28 PM.
Post: #1
Singapore April Home Sales Jump to Highest Since November
Singapore April Home Sales Jump to Highest Since November

By Klaus Wille
May 15, 2018, 12:51 PM GMT+8

Singapore home sales jumped to the highest in five months in April, underscoring signs the city-state’s property market is recovering.

Developers sold 729 units last month, the Urban Redevelopment Authority said Tuesday. That’s more than the 716 units in March and the highest since November. Still, sales are running at a slower pace than early last year.

The city-state’s housing market is showing signs of recovering from a four-year slump even as officials watch cautiously after previous bouts of overheating. Property prices climbed 3.9 percent in the first quarter, the biggest gain in almost eight years.

More details in https://www.bloomberg.com/news/articles/...e-november
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