Singapore International Political Economy

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Singapore Economy Sees Home Prices Drop

October 2nd, 2008 · No Comments

For the first time in four years the Singapore economy saw housing prices drop in Q3 according to Bloomberg.

The Singapore economic news signals that the Singapore real estate boom that started in 2004 in now over as home prices declined 1.8 percent.

Analysts expect Singapore private home sales to continue to drop in Q4 as well.

Tags: Singapore Economy

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