Singapore new private home sales plunge 51.7% in October after new regulations

Singapore new private home sales plunge 51.7% in October after new regulations

Channel NewsAsia - Business·2020-11-16 17:00

SINGAPORE: New private home sales in Singapore plunged more than 50 per cent in October amid a dearth of fresh projects and restrictions on the reissue of options to purchase (OTP).

Private developers sold 642 units, excluding executive condominiums (ECs), in October, data from the Urban Redevelopment Authority (URA) showed on Monday (Nov 16).

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Property Finance International

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