Source : Business Times - 17 Nov 2008
Developers sold just 112 private homes in the month of October, down from 376 units in September, according to latest official data from Urban Redevelopment Authority.
Developers launched 159 private homes in October, a fifth of the 767 units they released in September.
The data was obtained through a survey of developers by URA and this information has been released every month since July 2007. This additional data supplements existing data provided by URA and provides greater transparency in the market, helping home buyers with their decisions, URA said.
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