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Bangkok Post

Business

Singapore home price growth slows; curbs cool property surge

Singapore Nicholas Mak

Customers at a coffee shop in the business district in Singapore, on Feb 17, 2022. (Photo: Bloomberg)

Singapore home price growth slowed last quarter as curbs on residential property at least temporarily reined in the nation’s surging real estate market.

Prices climbed 0.7% in the first quarter from the previous three months, when they jumped 5%, Urban Redevelopment Authority data showed Friday. That’s higher than the preliminary estimate of 0.4%.

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