Although December showed a 30pc decrease in sales month on month, property investors are confident that the property market in Singapore is still strong.

2010 saw a record number of private residential sales at just over the 16,000 mark – up from the previous peack of 14,800 in 2007. However December saw just 583 sales compared to 1,332 in November.

Analysts are quick to point out that December is traditionally a slow month in the Singapore property market and 2010 was no exception. Many people are on holiday during December and parents are looking at their children’s PSLE results so less properties are advertised.  Read more... (138 words, estimated 33 secs reading time)

The latest figures show that property transactions are down in Jordan however the number of overseas property investors is actually rising.

In the first eight months of 2009, the total value of property deals in Jordan was down a massive 38 percent compared to the period in 2008 according to figures from the Department of Land and Survey.

The downturn is largely due to the unstable nature of the global economy which has made many property investors think twice about investing their money into more real estate.  Read more... (159 words, estimated 38 secs reading time)