$PropNex (OYY.SG)$ https://sbr.com.sg/residential-property/news/new-private-home-sales-record-lowest-drop-in-16-years
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Photo: Swire Properties
Delays in obtaining sales permits impacted new launches.
New private residential sales dropped by 9.6%, the lowest record in 16 years since 2008 when 4,264 units were sold during the global financial crisis, Savills Research reported.
According to Savills, delays in obtaining the relevant sales permits which impac...