May
16

Singapore Home Sales Fall as Mortgage Curbs Cool Housing Demand

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Residential buildings at Bishan-Ang Mo Kio Park in Singapore.

Photographer: SeongJoon Cho/Bloomberg
  • Developers sold 745 units last month versus 843 in March
  • Government has said it is reluctant to ease the curbs just yet

Singapore developers sold 12 percent less homes in April, as tighter mortgage curbs cooled demand in Asia’s second-most expensive housing market.

Developers sold 745 units last month, compared with 843 in March, according to data released Monday by the Urban Redevelopment Authority…

Singapore Home Sales Fall as Mortgage Curbs Cool Housing Demand

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