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Wednesday, December 22, 2010

High value properties in Singapore increasingly sold at auctions, according to consultants

Propertywire.com, 22 Dec 2010Property auctions in Singapore are becoming an increasingly popular way of buying and selling real estate with the sale value increasing by 33%.The total sales at property auctions in Singapore have shot up in 2010 to S$223.9 million, according to international property consultant Colliers International.Colliers said high value properties performed well amid a