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London mansion prices fall 11.5%; bubble may have burst
Published Mon, Nov 16, 2015 · 09:50 PM
London
LONDON'S most expensive homes and apartments have slumped in value as the government's stamp duty sales tax damps demand.
Prices of homes valued at £5 million (S$10.8 million) or more fell 11.5 per cent on a per square foot basis in the third quarter from a year earlier, according to Richard Barber, a director at broker WA Ell…
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