June 17, 2019 / 5:33 AM / 2 months ago

Singapore private home sales drop 15.2% on-year

SINGAPORE, June 17 (Reuters) - Sales of private homes by developers in Singapore fell 15.2% in May from a year earlier, government data showed on Monday.

Data compiled by the Urban Redevelopment Authority showed that developers sold 952 units last month, compared with 1,122 units in the year-ago period.

The level of sales in May was 29.5% higher than the 735 units sold in April. (Reporting by Fathin Ungku, Editing by Sherry Jacob-Phillips)

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