SINGAPORE Feb 17 Sales of private homes by
developers in Singapore fell 72.1 percent in January compared to
a year earlier, government data showed on Monday.
Data compiled by the Urban Redevelopment Authority showed
developers sold 565 units last month, down from 2,028 units in
However, the level of sales still marked a rebound from the
259 units sold in December 2013..
A series of measures to cool the property market have dented
activity in the housing market in Singapore, with property
prices falling 0.9 percent in the fourth quarter of 2013, their
first drop in almost two years.
For more details, click on www.ura.gov.sg
(Reporting by Brian Leonal; Editing by Kim Coghill)