It seems that developers are now looking at a drop in business as the recent sales figures shows that developers have a drop in the number of sales figures.
New private home deals in Singapore fell by 22.8 percent to 301 units in February 2016, from 390 units in the same period a year ago, as indicated by information discharged by the Urban Redevelopment Authority (URA) on Tuesday, 15 March.
As indicated by JLL, the “slower designer deals were relied upon because of the Lunar New Year hush and the continuation of the unpredictability in the stock exchange from the earlier month”.
By area, deals in the Core Central Region (CCR) tumbled to 25 units in February, barely short of the 26 units sold in the earlier month, and the 30 units sold a year prior.
The sales figures shows that buyers are now looking at different properties that are …