June 24, 2018

Fewer homes sold by property developers in first five months of 2018 compared to last year

SINGAPORE (EDGEPROP) – According to a recent report by Maybank Kim Eng, fewer homes were sold by property developers here in the first five months of 2018 compared to last year. The report further said that developer stocks in Singapore fell 4 per cent even as home prices rose by 7 per cent year-to-date.The banks report reference Urban Redevelopment Authority’s data which showed that there was a deluge...

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