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Singapore: Prices of resale flats to remain high this year: analysts

Posted on 09 January 2013

Property analysts expect resale prices of public housing flats to remain high this year, after trending up by 2.5 per cent in the fourth quarter of 2012. But they said prices could start to weaken in 2014 to 2016 as over 8,000 units of resale flats could be available in the market.
G.Sharmene and her family are expecting to move into their new executive condominium (EC) unit at Austville Residences early next year. But they have already sold their public housing flat to cash in on the high property prices………………………………………..Full Article: Source


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