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Singapore August private home sales double from year earlier

Singapore August private home sales double from year earlier

SINGAPORE:  Sales of private homes by developers in Singapore more than doubled in August compared with a year earlier, government data showed on Friday.

Developers sold 1,241 units last month, compared with 468 units in August 2016, data compiled by the Urban Redevelopment Authority showed. The level of sales was up 11.7 per cent from the revised 1,111 units sold in July.