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Financials

Singapore July private home sales soar 55 pct y/y

SINGAPORE, Aug 15 (Reuters) - Private homes sales by developers in Singapore surged 55 percent in July from a year earlier, government data showed on Wednesday.

Developers sold 1,724 units last month, compared with 1,112 units in the same month a year earlier, date compiled by the Urban Redevelopment Authority showed.

The level of sales more than doubled from the 654 units sold in June.

For more details, click on www.ura.gov.sg (Reporting by Fathin Ungku, Editing by Sherry Jacob-Phillips)

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