| 26.08.2011 - Luxury market droops in Singapore |
| Luxury home prices in Singapore slipped in the second quarter this year, after stricter mortgage lending and increased interest rates led to a softening of the high end market across Asia, according to a report from CB Richard Ellis. Singapore’s luxury home prices dropped 1.7 per cent quarter-on-quarter, according to Reuters. Meanwhile average rental prices dropped 1.9 per cent as new units were released into the market..............................................Full Article: Source |