Singapore's housing sector is still sizzling despite government measures to cool it down, with demand fuelled by a strong economy and foreign investor confidence, analysts say.Hefty price tags have not dented the market, with buyers flocking to pre-construction sales offering blank cheques to reserve condominium units which they expect to rise sharply in value after the projects are finished.
All 202 units at a private condominium in the central business district -- costing 1.2 million-2.0 million Singapore dollars (870,000-1.4 million US) -- were snapped up in just one day at a preview in March, agents said. Full Story
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