New home sales surge to 11-month high in August: The Straits Times

Direct Developer sales surged to an 11 month high after rising for 4 consecutive months amid the unprecedented pandemic. Last month’s sales was also recorded as the best August sale performance in the last 8 years. Reasonably priced launches together with the pent-up demand during the closure of show-flats are some of the reasons for the spike in sales volume.

Source: https://www.straitstimes.com/business/property/new-home-sales-surge-to-11-month-high-in-aug

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