News @ AsiaOne

Oct private home sales dip

Sales hit just 112 units, down from 376 in September. -ST

Mon, Nov 17, 2008
The Straits Times

By Joyce Teo

PRIVATE homes sales in October hit just 112 units, down from 376 in September, according to data released by the Urban Redevelopment Authority (URA) on Monday.

Developers launched 159 units in the month, down from 767 units in September.

The dismal figures were a result of very weak sentiment in light of the global financial crisis.

 


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