Daily Briefing: Vacant ECs in Singapore hit highest level; Singapore ranked among world’s greenest cities

And more high-end homeowners default payments.

The proportion of vacant Executive Condominiums (ECs) in Singapore climbed to 16.2 percent in Q3 2014, or its highest level in over five years, reported the media. View more here.

Singapore has been ranked among the top 10 green cities, according to the Global Green Economy Index (GGEI). View more here.

The number of houses placed on the auction block by banks has increased by nearly five-fold as borrowers struggle to sell their luxury units amid the falling prices and the governments tough cooling measures, according to media reports. View more here.

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