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Singapore’s new private home sales hit record high in 2012

SINGAPORE, Jan. 15 (Xinhua) -- A record total of 22,684 new homes were sold in 2012 in Singapore, according to the statistics released on Tuesday by the Urban Redevelopment Authority.

This is higher than the previous record of 16,292 units sold in 2010. A total of 16,027 new units were sold in 2011.

Bangalore is safe property buy for US NRIs

The impact of economic turndown has been increasingly felt on the overall demand pattern among US NRIs while investing in real estate back home....

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