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Singapore new private home sales slump 22.5% in February under 'quadruple whammy'
Developers in Singapore sold 527 new private homes in February, down 22.5 per cent from January's 680 units, data from the Urban Redevelopment Authority (URA) showed on Tuesday (Mar 15). The figures are also 18.3 per cent lower than the 645 new private homes sold in February 2021.
Last month’s volume was the lowest since 487 units were sold in May 2020 during the Circuit Breaker period.