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Singapore residential prices forecasted to rise: Credit Suisse

Posted on 16 December 2010

From Todayonline.com: Credit Suisse expects residential property prices in Singapore to increase 5 per cent in each of the next two years, on top of an estimated 15 per cent gain this year because of low interest rates, a growing population and strong economic expansion.
Any weakness in the global economy, further measures by the government to cool the property market and a hardening of interest rates will be key risks to the residential real-estate market here, it said……………………………………….Full Article: Source

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