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Singapore: Clouds clear for property developers

Posted on 14 June 2012

Barely a month ago, developers were still bogged down by worries that persistently strong property data could trigger more government measures to cool the housing market.
But now, these concerns seem to have dissipated quickly, with at least one research house upgrading its rating to “buy” for developer stocks and economists expecting the construction sector to continue its growth momentum after a surprisingly strong showing in the first three months of the year………………………………………..Full Article: Source


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