Posts about Condo Reports as of October 9, 2009

THE Government sold less land last year as the property market cooled and the financial crisis took hold but there are better expectations for the upcoming 12 months.The Singapore Land Authority (SLA) raked in $7.3 billion in sales for the 12 months to March 31, down from the previous year’s tally of $12.4 billion but up on the $6.2 billion collected two years ago.The manager of state land and buildings said its revenue fell 8 per cent from $100.9 million in 2008 to $92.5 million.‘The current

1. Mutant three-hump camel. On 12 Sep 2009, the following Forum Letter was published in The Straits Times about a mutant three-hump camel:http://lushhomemedia.com/2009/09/12/property-index-and-saga-of-the-three-hump-camel/camel/camel/camel/camel/ QUOTE: Singapore‘s Private Property Market Index looks like a mutant three-hump camel, registering a 45 per cent bust from the second quarter of 1996, a 40 per cent boom from the fourth quarter of 1998, a 20 per cent bust from the second quarter of 2000