Singapore private home prices edge higher on back of sales boom


An index of private residential prices rose 0.6% from the preceding three months. — Bloomberg

SINGAPORE: Singapore private home prices grew at a slower pace in the first quarter, after an increase in the supply of condominiums helped to cool a buying frenzy.

An index of private residential prices rose 0.6% from the preceding three months, according to a preliminary estimate released by the Urban Redevelopment Authority yesterday.

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