Singapore Home Prices Rise Amid Speculation for Curbs
- House values jumped 2.1%, most in more than two years
- Authorities may eye new cooling measures, market analysts say
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Singapore home prices rose the most in more than two years in the final quarter of 2020, as speculation mounts that the government may impose measures to cool the market.
Property values increased 2.1% in the three months ended Dec. 31, Urban Redevelopment Authority figures showed Friday. That’s unchanged from the preliminary estimate earlier this month and the biggest gain since the second quarter of 2018, when prices climbed 3.4%.