Money - International
Singapore May private home sales rise 7.9 per cent on year
Kayakers pass private residential condominiums at Tanjong Rhu in Singapore August 18, 2016. u00e2u20acu201d Reuters pic

SINGAPORE, June 18 — Sales of private homes by developers in Singapore rose 7.9 per cent in May from a year earlier, government data showed today.

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Data compiled by the Urban Redevelopment Authority showed developers sold 1,121 units last month, compared with 1,039 units in the same month a year earlier.

The level of sales rose from the revised 732 units sold in the previous month. —Reuters

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