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More risk in Singapore housing market

Posted on 17 April 2012

Singapore’s private-housing market is off to a flying start this year, with monthly sales at their highest levels in 2 ½ years. But some analysts warn this surge in sales could ironically spell tougher times ahead for the city-state’s buoyant real-estate sector.
Government data released Monday indicate that 2,393 new private homes were sold in March, easing only slightly from February’s tally of 2,417 units—which was the highest since July 2009, when 2,772 units were sold………………………………………..Full Article: Source


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