Private-home sales in Singapore rose 29% in February from the previous month, extending January's strong rally and marking the highest monthly tally in two-and-a-half years, as mass-market demand remained resilient amid still-favorable macroeconomic conditions.
Analysts say the sales growth, which came despite fresh property-market intervention by the government in December, suggest a higher risk of more market-cooling measures should prices and sales stay strong in the coming months. Full story
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Singapore February Private-Home Sales Rise 29% On Month - Nasdaq
