Singapore home sales hit new highs on silent buying frenzy

The Malaysian Insider, 16 Jul 2009
SINGAPORE, July 16 — The buying frenzy in Singapore's property market has now eclipsed even the dizzy heights of the last property boom. Developer sales of new private homes in June hit 1,825 units — topping the previous peak of 1,723 units homes sold in August 2007 at the property market peak.
But analysts are unsure if the buying momentum can continue for much longer.
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