(Oct 15): Private home sales in Singapore jumped 51% in September as developers marketed more projects post the hungry-ghost festival month, a period Chinese buyers consider inauspicious, and as buyers moved past the additional cooling measures imposed in July.

Developers in the city-state sold 932 units, the Urban Redevelopment Authority said in a statement Monday. That compares with 617 units in August, the data show. Total apartments launched for sale last month more than doubled to 1,169.

Singapore private home prices are still inching higher -- albeit at the slowest pace in five quarters. An index tracking private residential prices increased 0.5% in the three months ended Sept 30 versus a 3.4% advance in the June quarter, according to a flash estimate from the Urban Redevelopment Authority on Oct 1.

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