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Mixed fortunes for prime and mass-market housing in Singapore

Posted on 28 March 2012

Prime and mass-market private housing segments in Singapore are moving in different directions. The prime segment is suffering from lack of demand as foreign investors look at other markets, the mass-market segment is still enjoying healthy demand and price increases.
The additional buyers stamp duty is affecting foreign investment in the prime segment. Prime property accounted for 1 to 2 per cent of total developer sales, while foreign investors made up only 4 to 6 per cent of the caveats lodged during the first two months of the year………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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