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Home / News / Property

Singapore property market continues to heat up as private home prices beat expectations in 1Q21

Property

Singapore property market continues to heat up as private home prices beat expectations in 1Q21

Bloomberg Published on Fri, Apr 23, 2021 / 9:47 AM GMT+8

Singapore property market continues heating up as private home prices beat expectations in 1Q21 - THE EDGE SINGAPORE

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Singapore’s property frenzy continued as home prices grew more than expected in the last quarter, fueling concerns that authorities may step in to cool the market.

Private property values increased 3.3% in the three months through March, the Urban Redevelopment Authority said on Friday. That’s higher than the preliminary estimate of 2.9% and the biggest gain since the second quarter of 2018.

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