Singapore home sales hit a six-month high, signalling that government-imposed property curbs are having a dwindling impact as the city-state’s rebounding economy fuels demand for housing.
Purchases of new private apartments rose to 1356 units in May, Urban Redevelopment Authority figures showed Wednesday. That’s more than double the transactions of the previous month and the highest since November last year when 1,547 units were sold.
The sharp increase underscores the insatiable demand for homes in Singapore and shows how property…