THE M3: S'PORE NOV HOME SALES; CHINA NOV LOANS

The Macau Metro Monitor, December 15, 2011

SINGAPORE: 1,701 UNITS OF PRIVATE HOMES SOLD IN NOVEMBER Channel News Asia

The Urban Redevelopment Authority said developers sold 1,701 units of private homes, excluding executive condominiums in November this year.  This is up 22% MoM.  November's home buying demand was largely driven by strong sales from mass market projects.

CHINA'S NEW LOANS HIT 562B YUAN IN NOV China Daily, Today Online

According to the People's Bank of China, new yuan-denominated lending in November rose 7.8 billion yuan YoY to 562.2 billion yuan, beating estimates of 550 billion yuan, but was down 4% MoM.  October loans stood at 586.8 billion yuan.