Bangkok Post
9 Aug 2008
Developers in Singapore sold 1,542 private homes in the second quarter, double the 762 units in the preceding quarter. This takes the total sold in the first half of the year to 2,304, according to the Urban Redevelopment Authority (URA).
The Q2 number was shored up by the sale of 801 private homes in June alone - a huge jump from the 453 units sold in May and, in fact, the best monthly showing since August last year, when the impact of the US sub-prime crisis struck home.
Even so, the first-half sales - these numbers do not include executive condos - amounted to just about a quarter of the volume in the same period last year.
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