November 15, 2018 / 7:00 AM / 2 months ago

Singapore October private home sales down 36 percent

Tourists look at the rising "super moon" from the elevated skywalk of the Supertrees Grove at the Gardens by the Bay in Singapore June 23, 2013. REUTERS/Tim Chong/Files

SINGAPORE (Reuters) - Sales of private homes by developers in Singapore fell 36 percent in October from a year earlier, government data showed on Thursday.

Data compiled by the Urban Redevelopment Authority showed developers sold 487 units last month, compared with 761 units in October 2017.

The October sales number was sharply below the 932 units sold the previous month.

Reporting by Fathin Ungku; Editing by Richard Borsuk

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