Singapore's home sales could be headed for a soft landing after the number of new homes sold in May dropped to the lowest so far this year, possibly signalling waning demand, Maybank Kim Eng said.
New home sales excluding executive condominiums declined 32 percent month-on-month to 1,702 units, snapping a three-month streak that saw sales of more than 2,000 units per month, data from the Urban Redevelopment Authority showed. Full story
