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Friday, January 25, 2013

Cooling the property market


Despite its limited land,
Singapore has long had one of the most open policies for foreign buyers here.
 
This has caused prices to spiral and cut into its voter popularity in recent years.
 
Recently, a friend read with incredulity
that a S$1.5mil private condo in Singapore was described as medium-cost.
 
“How on earth can a graduate start-up hope to afford one?”
he asked.

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