Singapore luxury home prices drop most in a decade on curbs

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Singapore authorities have been keeping a tight watch on developers and the property market to avoid having cut throat expensive homes.

SINGAPORE: Singapore home prices fell for a second straight quarter, with values of luxury dwellings falling the most in almost a decade as property curbs imposed mid-last year took some heat out of the market.

Luxury home prices, or residences located in the prime areas, dropped 2.9%, the most since the quarter ended June 2009.

 

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So please go back to your homeland to buy properties and leave malaysia homes to Malaysians at prices we can afford.

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