Singapore property prices jump to a 17-year high

NDTV Profit, 1 Jul 2010
Singapore real estate prices have jumped to a 17-year high in the second quarter as the city-state's economic recovery boomed.
The Urban Redevelopment Authority said Thursday that private residential property prices rose 5.2 percent in the April-to-June period, the highest since at least 1993. Prices leapt 5.6 percent in the first quarter and 7.4 percent in the fourth, bouncing back strongly after diving 25 percent in the 12 months to mid-2009. Full Story



Related:
Singapore property prices jump to record high in second quarter as economy booms - Canadian Business Online
Singapore property prices jump to record high - Forbes.com
Singapore home market remains hot - The Corporate Observer
Singapore Releases 2nd Quarter 2010 Private Residential Property Price Index - Gov Monitor