August 15, 2019 / 4:47 AM / 2 months ago

Singapore July private home sales drop 32% on year

SINGAPORE, Aug 15 (Reuters) - Sales of private homes by developers in Singapore dived 31.2% in July from a year earlier, government data showed on Thursday.

Data compiled by the Urban Redevelopment Authority showed developers sold 1,178 units last month, compared with 1,724 units in the year-ago period.

However, sales surged 43.5% from the 821 units sold in June. (Reporting by Aradhana Aravindan, Editing by Sherry Jacob-Phillips)

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