Singapore home sales soared 54% to 742 units

Rebound from the July sales mishap.

According to Bloomberg, Singapore’s home sales rose in August as developers marketed more projects, rebounding from July when they slumped to the lowest since December 2009.

"Home sales increased 54 percent to 742 units last month, compared with 482 in July, according to data from the Urban Redevelopment Authority released today. Sales in August last year were 1,949 units," Bloomberg said.

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