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Friday, December 3, 2010

Monetary Authority of Singapore: Property prices will continue to grow

Property-report.com, 3 Dec 2010Real estate in Singapore is generally though of as being overpriced – but the country’s central bank has said that prices are set to keep rising in 2011.Low borrowing costs and excess global liquidity may continue to push prices higher in Singapore despite the government’s attempts to cool the market, the Monetary Authority of Singapore said in its latest Financial