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Singapore's private home sales fall 65 pct m/m in February
by Cals Fri 15 Mar 2013, 17:47
Singapore's private home sales fall 65 pct m/m in February
Business & Markets 2013
Written by Reuters
Friday, 15 March 2013 14:22
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SINGAPORE (March 15): Singapore's private home sales fell nearly 65 percent in February from the previous month, a sharp decline after the government unveiled new measures to cool the residential property market in January.
Excluding executive condominiums, developers sold 708 housing units last month versus 2,016 units in January, according to data from the Urban Redevelopment Authority.
Singapore's government introduced a range of measures in January to curb demand in the housing market, such as raising stamp duties for buyers and limiting the amount of loans they can take. - Reuters
Business & Markets 2013
Written by Reuters
Friday, 15 March 2013 14:22
A + / A - / Reset
SINGAPORE (March 15): Singapore's private home sales fell nearly 65 percent in February from the previous month, a sharp decline after the government unveiled new measures to cool the residential property market in January.
Excluding executive condominiums, developers sold 708 housing units last month versus 2,016 units in January, according to data from the Urban Redevelopment Authority.
Singapore's government introduced a range of measures in January to curb demand in the housing market, such as raising stamp duties for buyers and limiting the amount of loans they can take. - Reuters
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