The Wall Street Journal
12 Mar 2008
PATRICIA KOWSMANN
SINGAPORE -- Weakening demand, rising construction costs and inflation are threatening to bring Singapore's skyrocketing property market back to earth this year, although analysts don't expect the market to collapse.
For most of last year Singapore developers were on a spree, as demand drove property prices to multiyear highs while projects were being started almost daily, making the island nation one of the darlings of the Asian property boom.
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