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Singapore luxury home prices moderate in Q1

Posted on 07 June 2011

Prices of luxury homes in Singapore have moderated in the first quarter of this year due to property cooling measures, data from CB Richard Ellis’ (CBRE’s) Asian Luxury Residential Capital Value Index showed on Monday.
The measures, announced in January, included raising the seller’s stamp duty and reducing credit available to those who already have outstanding mortgages………………………………………Full Article: Source


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