Singapore: This is the correct time for the rich to enter the market
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Singapore housing prices continue to fall -but (on the other hand) demand is rising strongly. Homebuilder sentiment is also improving, after a partial relaxation of market-cooling measures.
The private residential property index fell by 2.77% during the year to Q1 2017, its thirteenth consecutive quarter of y-o-y price falls, according to the Urban Redevelopment Authority (URA). When adjusted for inflation, house prices actually fell by 3.45% during this period.
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