Singapore private home sales jump
Sales of private home by developers in Singapore jumped nearly 50 percent in September from a year earlier. Developers sold 509 units last month up from 341 units in September 2015, data compiled by the Urban Redevelopment Authority (URA) showed on Monday. The number of units sold was up 8.8 percent from 468 units sold in August. "People are starting to think about the current situation: whether Singapore is ahead of a recessionary environment, so whether layoffs could affect affordability of new homes," said Christine Li, head of Singapore research for Cushman and Wakefield.
Tags : INTERNATIONAL