SINGAPORE (Nikkei Markets) -- Prices of private homes in Singapore rose for the fourth straight quarter, underpinned by demand from cash-rich buyers who've benefited as developers bid up prices for land in the city-state.
Flash estimates from the Urban Redevelopment Authority on Monday showed private residential property prices rose 3.4% from the previous quarter in the April-June period. Prices rose 3.9% in the first three months of the year.
