SINGAPORE (The Straits Times/ANN): Sales of new private homes by developers were more than halved in October from the previous month, putting the brakes on a five-month-long buying spree after new curbs were imposed on the re-issue of options to purchase (OTPs).
Buyers took up just 642 units in October, down 51.7 per cent from a more than two-year high of 1,329 units in September, according to figures from the Urban Redevelopment Authority (URA) on Monday (Nov 16).
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