September 16, 2019 / 5:51 AM / a month ago

Singapore August private home sales up 81.9% from year earlier

Joggers pass the Cape Royale condominium in Sentosa Cove on Singapore's Sentosa island in this August 19, 2014 file photo. REUTERS/Edgar Su/Files

SINGAPORE (Reuters) - Sales of private homes by developers in Singapore rose 81.9% in August from a year earlier, government data showed on Monday.

Data compiled by the Urban Redevelopment Authority showed developers sold 1122 units last month, compared with 617 units in the same month a year earlier.

However, sales fell from the 1179 units sold in the previous month.

Reporting by Fathin Ungku; editing by Darren Schuettler

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