Singapore’s real estate sales decline in October, analysts say

Asia Property Report, 14 Nov 2011
Analysts say that private home sales could drop by as much as 15 to 20 per cent in October from the previous month, to between 1,200 and 1,600 units.
Sales in September were above market expectations, at 1631 units sold even though Singapore was facing a technical recession and the fallout of the eurozone debt crisis, with experts attributing strong sales to the launch of large condominium developments. Full story