In February, new private home sales in Singapore dropped 60.5 percent due to fewer launches.
SINGAPORE: Following January’s strong numbers, sales of new private homes dropped by around 60.5 percent in February, as developers held off on new home launches during the Chinese New Year season. According to data released by the Urban Redevelopment Authority (URA) on Monday, developers sold 645 units last month, compared to 1,632 units in January, except executive condominiums (Mar 15). …