Singapore luxury home prices set to recover, says Guocoland

Singapore's leaders have warned it is a prime target for a terror attack because of its strong stand against terrorism and reputation as a regional financial centre.

SINGAPORE: Singapore’s luxury home prices, which have been the worst hit by the government’s property curbs in recent years, are finally showing signs of a recovery, according to developer Guocoland Ltd.

High-end home sales in the city-state had been on an upswing even before the government in March eased some of its cooling measures in place since 2009, according to Cheng Hsing Yao, group managing director at Guocoland.