06.06.2011 - Singapore: Luxury property buyers 'cautious about getting their next home'

Sales of luxury properties have hit a sluggish patch in recent weeks. That is according to industry players who said that the segment has underperformed despite the overall property boom last year. Analysts said most buyers of luxury properties, who are mostly foreign investors, are turning cautious about buying their next multi-million-dollar home, due to the uncertain global economy..............................................Full Article: Source

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