SINGAPORE: Sales of private homes by developers in Singapore surged 52 per cent in November from a year earlier after a sharp increase in the number of new projects launched, official data showed on Monday (Dec 17).
The robust sales come - which follow government measures in July to cool the property market - at a time of the year when demand usually begins to wind down due to the start of the year-end holidays, an indication of demand for projects that are conveniently located and reasonably priced, analysts said.