Fears of Singapore falling into a prolonged recession are subsiding with home sales growing for the fourth-consecutive month
SINGAPORE: Singapore home sales surged to an 11-month high in August, buoyed by demand from locals who are betting that prices will rebound as soon as next year.
The number of new units sold rose 16% to 1,256 last month from 1,080 in July, according to Urban Redevelopment Authority data released yesterday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
