Singapore Residential Sales Rises to Highest Since March Record

Bloomberg, 15 Jul 2013
Singapore’s June home sales rose for a second month to the highest since a March record as developers marketed new projects, according to the Urban Redevelopment Authority.
Home sales rose 24 percent to 1,806 units last month from a revised 1,459 units in May, the authority said today. That’s the highest since an all-time high of 2,793 units in March.
Record home prices amid low interest rates raised concerns of a housing bubble and prompted the government to widen a four-year campaign in January to curb speculation prices in Asia’s second-most expensive housing market. Full story
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