by OrangeTee & Tie Pte Ltd.

Singapore Home Sales Exceed Two-Year High as Curbs May Loom

Monthly Developers' Sales

Monthly Developers' Sales

Singapore, 15 Feb 2021

Singapore home sales rose to the highest in more than two years in January, with buyers rushing in amid speculation that the government may take steps to cool the market.

Sales of new private apartments soared to 1,609 last month from 1,217 in December, Urban Redevelopment Authority data showed Monday. That’s the most since July 2018 when 1,724 units were sold and the most recent cooling measures were imposed.

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