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Singapore’s February home sales triple from year ago on demand

Bloomberg Published on Wed, Mar 15, 2017 / 1:39 PM GMT+8

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SINGAPORE (March 15): Singapore home sales in February more than tripled from a year earlier as developers marketed new projects to meet pent-up demand.

Developers sold 977 units last month, compared with a 382 revised units in January, according to data released Wednesday by the Urban Redevelopment Authority (URA).

The sales surged from 303 units in the year-earlier period and were the highest February sales since 2012, the data showed.

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