Falling sales cool Singapore’s red hot property market

Propertywire, 20 Jan 2011The soaring real estate market in Singapore is cooling with figures from December showing that sales dropped 30% month on month.Some 583 units were sold in December down from 1,332 the month before. Private home sales hit a record 16,364 units in 2010, topping the previous peak of around 14,800 in 2007 according to Colliers International. Full story