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Singapore’s home prices surge to the highest in more than a decade as the ultra wealthy flock to Southeast Asia’s business hub


Singapore home prices rose in the fourth quarter at the fastest pace in more than a decade, the latest marker of a surge that prompted the government to introduce cooling measures last month.Private property values climbed 5 per cent from the previous quarter, according to Urban Redevelopment Authority flash estimates released on Monday. That’s the highest quarterly growth since the second quarter of 2010 when prices jumped 5.3 per cent. For 2021, prices increased by 10.6 per cent, also the…

Source : South China Morning Post
Read more…Singapore’s home prices surge to the highest in more than a decade as the ultra wealthy flock to Southeast Asia’s business hub

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