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Real estate sector outperforms overall STI early in 2017

Published Tue, Feb 14, 2017 · 09:50 PM

Singapore

LISTED property developers and operators have returned 12 per cent since the beginning of this year, beating the Straits Times Index (STI)'s 8 per cent, according to SGX My Gateway.

The price-to-book (P/B) ratio of the real estate sector has also risen, albeit less drastically, the investor education portal said in an update report on Tuesday.

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