Bloomberg.com, 23 Oct 2009
Singapore’s private home prices rose 15.8 percent in the third quarter, the most in 28 years, as cheap money and improving economic conditions lured buyers.
The price index of private residential property jumped to 154.3 from 133.3 the previous quarter, the Urban Redevelopment Authority said on its Web site today. The increase was the first in more than a year and the biggest quarter-on-quarter gain since March 1981, according to the authority.
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