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Real Estate

Singapore Home Sales Rebound Even as Virus Limits Viewings

  • Purchases of new private units climbed 9% in October
  • City’s pandemic curbs still in place after surge in cases
Apartment blocks in Singapore.
Photographer: Lauryn Ishak/Bloomberg

Singapore home sales rebounded after two months of consecutive declines, with demand spurred by long-term investors and those seeking upgrades even as virus restrictions limit viewings.

Purchases of new private apartments climbed about 9% to 909 units in October, Urban Redevelopment Authority figures showed on Monday. That’s higher than the 834 units sold in the previous month.