Breaking News: Jan 2011 private home sales fell to 3-month low!

Singapore’s January private residential sales fell 11 percent from December to the lowest in three months as the government introduced more measures to curb property speculation.

Private home sales fell to 1,189 in January from 1,332 last month, according to the Urban Redevelopment Authority’s website. That’s the lowest since October, when 1,066 homes were sold, according to data on the government website.

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