Singapore Jan private home sales fall 17.8% on year

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SINGAPORE (Feb 15): Sales of private homes by developers in Singapore fell 17.8% in January from a year earlier, government data showed on Friday.

Data compiled by the Urban Redevelopment Authority showed developers sold 433 units last month, compared with 527 units in the same month a year earlier.

The level of sales in January fell from 602 units sold in December.