Singapore govt's housing market warning may fall on deaf ears
Persuading people to be more cautious could be a tough sell; developers and home buyers are equally optimistic
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Singapore
SINGAPORE'S authorities are concerned the island-state's property market could be setting itself up for a fall.
A series of aggressive land deals by developers, against the backdrop of rising apartment sales and the first quarterly rise in private home prices for four years, was enough to prompt a recent warning from the nation's central bank to lenders, homebuyers and real estate firms.
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