Private residential property prices rose 5.2 per cent in the second quarter to the highest level since the government began the index in 1975, the Urban Redevelopment Authority has said.Prices rose 5.6 per cent in the first quarter, bouncing back strongly after diving 25 per cent in the 12 months to mid-2009. This means there has been an overall 10.8 per cent price increase in the last two quarters alone. Full Story
