December 17, 2018 / 5:19 AM / 2 months ago

Singapore November private home sales soar 52 percent

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

SINGAPORE (Reuters) - Sales of private homes by developers in Singapore surged 52 percent in November from a year earlier, government data showed on Monday.

Developers sold 1,198 units last month, compared with 788 units in the same month a year earlier, data compiled by the Urban Redevelopment Authority showed.

The level of sales rose from 487 units sold in the previous month.

Reporting by Fathin Ungku, Editing by Sherry Jacob-Phillips

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