Singapore Home Sales Reach Lowest This Year on Lack of Inventory
- Housing market has cooled while avoiding slumps elsewhere
- September saw 217 new apartments sold, down 45% from August
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Singapore private home sales fell for the second straight month to their lowest level this year amid a lack of major new projects in the market.
Purchases of new private apartments dropped to 217 units in September, according to figures released Monday by the Urban Redevelopment Authority. That’s the lowest level since December 2022 and down 45% from August.