New home sales surge to 11-month high in August

Uploaded By:  Frances Gagua Submitted By:  Frances Gagua Case Study:  No It also marked the highest number of purchases by Singaporeans since July 2018. New home sales surged to an 11-month high in August and marked the fourth consecutive monthly increase against a backdrop of the pandemic and global economic slowdown, according to data from the Urban Redevelopment Authority (URA). Survey results found that new home sales excluding executive condominiums (EC) rose 16.3% MoM to 1,256 units in August, from 1,080 units in July. read more