Singapore Home Sales Fall on Lack of Projects in Cooling Market
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Singapore home sales fell in February on a lack of new project launches, adding to evidence that the market is cooling.
Developers sold 149 new private homes last month, figures released Friday by the Urban Redevelopment Authority show. That’s the fewest on record for the month of February, and down from the 281 sold in January. Monthly sales data only began being released in mid-2007.