Singapore home sales surge to highest in almost four years

Commercial buildings stand in the central business district of Singapore, on Tuesday, Feb. 14, 2017. Bloomberg

SINGAPORE: 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.