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1.Market Observations, 8.Was Sticky

4 Oct 2018 (AFR) – Property prices in Singapore increase despite new government regulation

(4 October 2018, AFR, p45, by Pooja Thakur)

‘Singapore private home prices are still inching higher – albeit at the slowest pace in five quarters – even after the government imposed additional property curbs to avoid the risk of a sharp correction that could be destabilising to the city-state’s economy. An index tracking private residential prices increased 0.5 per cent in the three months to the end of September compared with a 3.4 per cent advance in the June quarter, according to a flash estimate from the Urban Redevelopment Authority. That adds to a 9.1 per cent gain in the year through June.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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