The number of new units sold rose 16% to 1,256 last month from 1,080 in July, according to Urban Redevelopment Authority data released yesterday.
Fears of Singapore falling into a prolonged recession are subsiding with home sales growing for the fourth-consecutive month. Singapore’s gross domestic product could expand by 7% next year, according to an August report by the Asean+3 Macroeconomic Research Office.
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