There are signs that the real estate market in Singapore is slowing with the latest figures showing that developers sold just 1,078 private homes in May, about half the 2,208 units they transacted in April.There is unlikely to be many new projects coming on the market as developers take stock, according to analysts. But they are not overly worried by the figures as the first few months of 2010 have been beyond expectations.
It is likely to be the start of a period of slower sales as developers weigh their options and buyers wait to see, according to Ong Choon Fah of DTZ. Full Story
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Singapore's Real Estate Market Slows As Buyers Take A "Wait And See" Approach - NuWire Investor
