There are data to show that the Singapore real estate market is decelerating with the updated figures showing that developers sold about half the 2,208 units they transacted in the previous month, which is just 1,078 private homes to be exact.
Singapore Skyline
According to analysts, there is unlikely to be many new projects coming on the market as developers take stock. But they are not overly worried by the figures as the first few months of 2010 have been beyond expectations.
