SINGAPORE - Developers sold a total 481 private homes in Singapore in December, compared with about 600 units in the preceding month. They launched a total 734 new private homes last month, also down from November's figure of 923 units.
For the whole of 2009, developers' total private home sales reached 14,725 units, just slightly shy of the all-time record of 14,811 set in the peak year of 2007.
The full-year 2009 sales volume is about 3.5 times the 2008 level of 4,264 units.
Source: Business Times, 15 Jan 2010
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