Hungry ghosts, recession no match for Singapore buyers as new home sales hit 11-month high: The Straits Times

In the month of August, developers sold 1256 new homes, 16.3% higher as compared to previous month and 11.8% higher when compared to the same period last year. Correspondingly in the same period, there were also more launches, 82% more than July and 56% more as compared to a year ago. These increases came as a surprise as many expect sales to slow down during the Hungry Ghost period.


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