News report:Private home sales in Singapore have taken a sharp fall in the fourth quarter of this year. Property consultant DTZ, only 112 private homes were sold in the primary market in October, and 192 units sold in November. For the full year, DTZ estimated that the number of home sales in the primary and secondary markets will only make up about 35 per cent of last year's sales, which saw some 38,100 units sold. At the same time, the fall in private home prices have started to gather pace in the fourth quarter, with prime non-landed properties the hardest hit. At the same time, the fall in private home prices have started to gather pace in the fourth quarter, with prime non-landed properties the hardest hit.
Prices of non-landed freehold private homes in the prime districts fell by 14 per cent quarter-on-quarter in the three months ended December, according to DTZ Research.
Overall, average private home prices have fallen 21.6 per cent year-on-year to S$1,160 per square feet, below the level of S$1,200 per sq ft in the second quarter of 2007.
Opinions:I think the price of private homes has sharply fell because of financial crisis and the private homes will have plenty left.I hope the DTZ would faster find a method to sell all the units if not DTZ would not no what to do.
News report:Singapore's Agri-Food and Veterinary Authority (AVA) has said there is insufficient information to identify the affected biscuits that have been recently destroyed by Chinese authorities.
AVA was responding to queries from Channel NewsAsia after a Reuters report on Tuesday said more than 1,500 boxes of Chinese biscuits exported to Hong Kong and Singapore have tested positive for melamine.
But AVA added all China-made biscuits sold in Singapore are safe for consumption.
It said all milk and milk products from China that were previously found to be contaminated with melamine have been destroyed.
It added that the biscuits from China currently available in Singapore were the ones recalled earlier, but the products have undergone batch by batch testing to ensure they are not contaminated with melamine.
My opinions:I think the AVA should check the biscuits more carefully and destroyed all food which has melamine to prevent Singaporeans to get sick for consuming food with melamine.