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Singapore: Private home prices up 1.8pct on-quarter in Q4 2012

Posted on 03 January 2013

Prices of new private homes in Singapore rose to a new record in the fourth quarter of 2012. This comes on the back of rising demand for private homes in the sub-urban areas.
Preliminary data from the Urban Redevelopment Authority (URA) showed a 1.8 per cent quarter-on-quarter increase to a record 211.9 points in the fourth-quarter period from the previous quarter. But prices increased by about 2.8 per cent for the entire 2012, slower than 2011’s 5.9 per cent increase………………………………………..Full Article: Source


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