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News: Property market cools as 1,078 new homes sold in May

Property market cools as 1,078 new homes sold in May
15 June 2010 | Channel News Asia

SINGAPORE: Singapore’s property market cooled significantly in May with just 1,078 units of new private homes sold. The number is about 50 per cent lower than that in April.

The star performer in May was a mass market project The Minton in Hougang, with 204 units snapped up at a median price of S$849 per square foot.