Singapore home sales set for harder hit as lockdown tightened


A passer-by looks at her mobile phone as people take a selfie photo using a smartphone, with Singapore's central business district skyline, in Singapore, May 10, 2019. REUTERS/Kevin Lam

SINGAPORE: Singapore home sales slumped in March and are set to take a harder hit in coming months as the government enforces a more draconian lockdown that threatens to bring the property market to a standstill.

Sales in the city-state fell 32% to 660 units last month -- even before the toughest curbs were imposed -- from 976 in February, according to Urban Redevelopment Authority data released Wednesday.

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housing , lockdown , Covid-19

   

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