Singapore home sales fell 48% in August to the lowest in more than two years as a lack of supply kept buyers at bay.
According to data released by the Urban Redevelopment Authority (URA) on Thursday (Sep 15), purchases of new private apartments dropped to 437 units last month from 834 in July.
Meanwhile, developers launched only 134 units, 66.7% lower than the 402 units launched the month before.
However, home prices in Singap...

This chart from Blackbox shows the extent how which Singaporeans are feeling the impact of inflation and price increases in several areas.
People have seen petrol prices, utility prices, and food prices increased the most recently. Food and energy are very important in our daily life.
Thus, 91% of surveyed Singaporeans said that inflation is having an impact on them personally, with 37% saying it has a significant impact.
Are y...

Rents for Singapore's private apartments and Housing Development Board flats surged to record highs last month and expectations are that they will keep rising.
Condo rents climbed 2.3% in April from March to surpass their previous peak reached in January 2013. HDB flat rents increased 1.9% to exceed the record set in August 2013 according to data released by real estate portals 99.co and SRX Property.
The upward trend is likely to conti...