Singapore Home Sales Soar in July on Minute-to-Midnight Buying
- Private residential sales were the highest since March 2017
- Analysts expect transaction volumes will cool in coming months
This article is for subscribers only.
Private home sales in Singapore soared to the highest in 16 months in July as buyers rushed to snap up properties hours before curbs aimed at quelling speculation came into effect.
Developers sold 1,724 units last month, the Urban Redevelopment Authority said in a statement Wednesday. That’s more than double the 654 units sold in June and the highest since March 2017.