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Real Estate Briefing - Categorized | Investment, Market Moves more

Singapore: Private housing market continues to surprise

Posted on 23 September 2011

Just when you thought you have finally figured out what influences private home buying, the market throws up another surprise.
The latest Urban Redevelopment Authority (URA) figures show that developers sold 1,348 private homes last month. Although this is down 3.6 per cent from the 1,398 units in July, some analysts, including myself, had predicted that sales could likely slip below 1,000 units amid slower buying during the Hungry Ghost Month and the stock market slide that took more than 15 per cent off the STI benchmark……………………………………….Full Article: Source


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