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Singapore July private home sales rise 1.5 percent from last year

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Reuters SINGAPORE

SINGAPORE (Reuters) - Sales of private homes by developers in Singapore hit a three-month high in July and rose 1.5 percent compared with a year earlier, government data showed on Tuesday.

Developers sold 1,108 units last month, compared with 1,092 units in July 2016, data compiled by the Urban Redevelopment Authority showed. The sales in July were the highest since April this year, when 1,567 units were sold.

The level of sales in July rose 35 percent from the 820 units sold a month earlier.

(Reporting by Masayuki Kitano; Editing by Amrutha Gayathri)

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First Published: Aug 15 2017 | 10:23 AM IST

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