13.05.2011 - Asian luxury property prices rise slowly in first quarter

Values of luxury residential properties across Asia continued to slowly rise in the first quarter of 2011. As with the last quarter of 2010, values rose 1.8 per cent, according to Residential Index data from Jones Lang LaSalle. This is a slowdown from the hectic third quarter of 2010, when prices grew by 7.4 per cent. The cooling pace comes after various governments enacted anti-speculative measures in 2010..............................................Full Article: Source

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