Singapore’s home prices rose for the first time in four years, snapping a record run of declines and confirming recent signs that the property market is rebounding.
An index tracking private residential prices gained 0.5 per cent in the three months ended Sept. 30 from the previous quarter, according to preliminary data from the Urban Redevelopment Authority released on Monday.
A jump in home sales and developers’ aggressive bids for land are stoking optimism that the property…
Source : South China Morning Post
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