Singapore Home Sales Recover in July With More Developer Supply
- Real estate firms in the city-state sold 571 units last month
- July is typically a strong season after school holiday
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Singapore’s new-home sales in July rose to the highest level since March, recovering from its weakest first half on record.
Developers in the city-state sold 571 units last month, more than double the 228 sold in June, according to figures released by the Urban Redevelopment Authority Thursday. Still, that’s only about 40% of the number sold in the same period last year.