Singapore's January private property transaction at all time low

Property-report.com, 25 Feb 2009, Khalil Adis

Singapore´s private property transactions for the month of January registered the lowest take-up rate ever, recent data from the Urban Redevelopment Authority (URA) shows.

According to the URA´s data, 204 new units were launched and 107 units were sold in January this year.

This was slightly lower than the 157 new homes launched and 131 units sold in December 2008.

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