The prices of new homes in Singapore increased to a new record by 1.8 per cent in the fourth quarter of 2012, the latest figures from the Urban Redevelopment Authority show.
On an annual basis, prices increased by 2.8 per cent, much less than the 5.9 per cent increase in the previous year, according to a report by Propertywire.com.
The mass property market segment, which are commonly units located in the suburbs, increased by most, up 3.4 per cent. The high end of the market saw price increased of 0.8 per cent. Full story
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