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Are you ready for the next property boom?

The Edge Singapore
The Edge Singapore9/29/2017 03:05 PM GMT+08  • 3 min read
Are you ready for the next property boom?
SINGAPORE (Sept 29): It seems like only yesterday that property developers were complaining about punitive property cooling measures and struggling to get unsold units off their books.
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SINGAPORE (Sept 29): It seems like only yesterday that property developers were complaining about punitive property cooling measures and struggling to get unsold units off their books.

But according to some analysts, the local property market has actually been steadily recovering for more than a year.

“In the eyes of agents and marketing consultants, prices in the high-end segment had already started to recover in mid-2016. For the mid-tier and mass-market segments, they started to turn around in late-2016,” says Alan Cheong, senior director and head of research at property consulting firm Savills.

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