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Singapore: Past underbuilding explains today’s housing resilience

Posted on 29 June 2012

Singapore’s residential property market has continued to confound sceptics, myself included, with its strong monthly new home sales of more than 2,000 units - including executive condominiums - over the last five months.
While recent project launches have set new prices benchmarks, demand has remained unquestionably healthy. This is especially surprising given the cooling measures already introduced and the expected ramp-up in supply over the next few years as both the Government and private sector analysts have signalled………………………………………..Full Article: Source


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


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