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Singapore Home Sales Up 35% as New Projects Are Launched

  • July sales rose as 692 new units were put on market last month
  • City-state’s home values have dropped 12% from 2013 peak
Images Of Public And Private Housing As Home Price Data Is Released
Photographer: Darren Soh/Bloomberg
Corrected

Singapore home sales rose 35 percent in July, as more new projects were launched.

Developers sold 1,108 units last month, compared with 820 in June, according to Urban Redevelopment Authority data released Tuesday. A total of 692 new units were offered, up from 159 in June, the data showed.