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Singapore’s Property Boom Rolls On as Home Prices Accelerate

  • Private home values climb 3.2% from previous quarter
  • City’s housing market on a roll as global hotspots cool
Updated on

Singapore home prices grew at a faster pace in the second quarter as concerns about the rising cost of living and higher interest rates failed to curb demand for now.    

Private property values climbed 3.2% in the three months ending June 30, Urban Redevelopment Authority flash estimates showed on Friday. That’s higher than the 0.7% growth recorded in the first quarter.