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Light at the end of the tunnel for prime homes

With lower prices and unsold inventory of luxury homes slowly shrinking, the search for value in this asset class is set to gather pace.

IT has been almost two years of being in the doldrums for Singapore's private residential market, in particular for the luxury homes segment since 2012 - a contrasting picture from the two initial buoyant years of 2009-2011 when record-low interest rates and increased foreign investment