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Nikkei Markets

Recovery in Singapore home prices gains momentum

Prices, rents for retail space start to edge up

Apartments, which make up the bulk of Singapore’s housing, saw prices rise 4.4% from the previous quarter.   © Reuters

SINGAPORE (Nikkei Markets) -- Prices of private homes in Singapore rose at the fastest pace in eight years in the first quarter, exceeding earlier estimates and reflecting growing confidence in the property market.

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