Singapore April Private Home Sales Rise to Five-Month High on Haven Status
By Alan Soughley -
Singapore’s private home sales jumped 29 percent to a five-month high as the city offers what analysts say is a safe haven following events from Japan’s worst earthquake to political turmoil in some Middle East nations.
Developers sold 1,788 homes in April from 1,386 in March, the highest since 1,915 units were bought in November, according to data on the Urban Redevelopment Authority’s website. The figure dropped from 2,208 a year earlier, the data showed. Full story
