Singapore Home Prices Rise Again, Defying Sales Slowdown
- Fourth straight quarterly gain may not be sustained: analysts
- Resale prices of public housing climbed for 17th quarter
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Singapore home prices rose for a fourth straight quarter as the country’s property valuations continue to defy a significant slowdown in sales.
Prices for private residences climbed 1.1% from the previous three months, according to preliminary figures released by the Urban Redevelopment Authority on Monday. That’s only slightly slower than a 1.4% rise in the first quarter.