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Singapore: Property market quiet during Lunar 7th Month

Posted on 30 August 2011

The property market was quiet during the Lunar Seventh Month this year, according to real estate services company Colliers International. Only one property was sold, out of a total of 34 properties put up for auction sale. It was sold for S$1.66 million.
This is comparable to the same period in 1998 - the year of the Asian financial crisis - which saw two properties sold for S$1.65 million out of the 29 properties put up for auction sale……………………………………….Full Article: Source


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