SINGAPORE PROPERTY
January's strong new home sales likely to be a one-off
Analysts say no more mega projects lined up for the rest of the year
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Singapore
JANUARY's new private-home sales rose 32 per cent to 1,609 over December's 1,217, on the back of launches of a few mega projects, pulling up prices further.
The bulk of January's buyers were locals, but the number of foreign buyers - although small in absolute terms - also rose sharply amid low interest rates and abundant liquidity.
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