Home News Property

Singapore home sales fall amid speculation on property curbs

Bloomberg
Bloomberg3/15/2021 4:46 PM GMT+08  • 1 min read
Singapore home sales fall amid speculation on property curbs
Purchases of new private apartments fell 60% to 645 last month, Urban Redevelopment Authority data showed on Monday.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Singapore home sales fell in February after speculation about property curbs dampened buyer appetite.

Purchases of new private apartments fell 60% to 645 last month, Urban Redevelopment Authority data showed on Monday. That compares with 1,632 in January, which exceeded a two-year high.

Singapore’s property market rallied even amid the pandemic, seeing a spike among private apartments, shophouses and public flats. That’s prompting speculation that the government may impose another round of cooling measures on private residencies to prevent the market from running ahead of economic fundamentals.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.