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Singapore: Increase of land supply may no longer control property prices

Posted on 24 April 2012

Trying to control Singapore’s property prices by increasing the supply of land as part of the government land sales program me may no longer be effective.

According to Channel News Asia, this means that property prices may continue to remain high due to strong demand for such projects. The government’s latest release of six sites for residential development are expected to generate strong interest from developers………………………………………..Full Article: Source


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


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