Pursuits

Singapore Home Sales Fell in June to Lowest Level in Four Months

  • Developers sold 536 units last month versus 1,058 in May
  • Government has said it is reluctant to ease curbs just yet
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Singapore developers sold the fewest new homes in four months in June as a lull in new launches crimped sales.

Developers sold 536 units last month, down from a revised 1,058 in May, according to data released Friday by the Urban Redevelopment Authority. That’s the lowest since February, when 303 units were sold.