27.05.2011 - Singaporean property market records strong growth, again
Sales of residential property in Singapore soared again in April, with activity up 29 per cent, new figures show. Local agents report that 1,788 home sales were recorded over the course of the month, with the total level of transactions reaching a five-month high. With an annual growth rate cited at around at 23.5 per cent for the first three months of the year, government cooling measures to calm down the property market have clearly failed, with agents noting that this is because they are too short-term..............................................Full Article: Source
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