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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