Singapore's Home Prices Rise for First Time in Four Years
- Backdrop to latest data includes this year’s surge in sales
- Government’s cooling measures began in 2009, tweaked in March
Singapore Home Prices Rise for 1st Time in 4 Years
This article is for subscribers only.
Singapore’s home prices rose for the first time in four years, snapping a record run of declines and confirming recent signs that the property market is rebounding.
An index tracking private residential prices gained 0.5 percent in the three months ended Sept. 30 from the previous quarter, according to preliminary data from the Urban Redevelopment Authority released Monday.