Demand for new properties remains high in Singapore
Photo: AFP/Roslan Rahman
Eurasia16/04/2023 07:00
Singapore home prices grew at a faster pace in the first quarter, signaling appetite for new properties remains high, Bloomberg reports.
Property values climbed 3.2 per cent from the previous three months, when they rose 0.4 per cent, according to flash estimates released by the Urban Redevelopment Authority on Monday. That marked the 12th straight quarter of growth, according to the news agency.
The Straits Times writes that property analysts attributed the increment to higher demand following the return of home buyers after the Chinese New Year period and the shorter month of February.
Photo: AFP/Roslan Rahman
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