Singapore, 17 Apr 2023 Singapore’s home sales rose to a six-month high in March as appetite for homes remained strong.
Purchases of new private apartments increased to 492 units last month, according to figures from the Urban Redevelopment Authority Monday. That’s the third month of gains following the plunge to a 14-year-low in December when a lack of project launches held back buyers.
“The general market view is still quite positive,” said Christine Sun, senior vice president of research and analytics at OrangeTee & Tie. The lack of supply compared to demand will continue to support the market, Sun added.