A view of a condominium construction site next to a public housing estate in Singapore on Feb 13, 2017. (Reuters photo)Singapore home sales surged to the highest monthly total for nearly four years in March, a month in which the government rolled back some property curbs in March following a three-year slide in prices. A total of 1,527 units were offered, almost three times the 550 in February. Home prices fell 3% last year and have dropped for 14 straight quarters, the longest slide since the data were first published in 1975. An index tracking private residential prices fell 0.5% in the three months ended March from the previous quarter, according to preliminary data from the authority.

Source: Bangkok Post April 17, 2017 05:48 UTC