Soaring property prices in Singapore are slowing a little but are still on target to increase by up to 20% in 2010, according to analysts.The government’s anti-speculative measures for the property market appear to have slowed growth with prices rising 5.1% in the first quarter of 2010, down from 7.4% in the previous three month period, the figures from the Urban Redevelopment Authority (URA) show.
At this rate, analysts expect prices to return to the 2008 peak levels before the end of this year and growth may reach 6% once deals done at the end of March are taken into account. Full Story
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Soaring property prices start to slow in Singapore but 20% growth predicted in 2010 - PropertyWire
