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Singapore private home sales to rise in the coming months: analysts

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Lisa Kriwangko

Published Mon, Apr 11, 2022 · 09:50 PM

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    Singapore

    DEVELOPER sales increased in March as home buyers are "coming to grips" with cooling measures, according to analysts. The growth also came as the Lunar New Year seasonal lull passes.

    "The expected rise in interest rates also encouraged some people to buy properties and lock in the current home mortgage rate," said Nicholas Mak, ERA Realty's head of research and consultancy.

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