Singapore's Home Prices Climb to Record in Fourth Quarter, Defying Curbs

Bloomberg, 3 Jan 2011Singapore’s private home prices climbed 2.7 percent to a record in the fourth quarter as the nation’s fastest economic growth since independence helped counter government measures to cool the market.The home-price index climbed to 194.8 points from 189.6 in the three months ended Sept. 30, the Urban Redevelopment Authority said in an e-mailed statement today. That’s the sixth