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S'pore an exception in Asia-Pac with cooling measures that have more bite

In Singapore, from peak to trough, public housing resale prices have fallen 11 per cent, and private housing prices have fallen 10 per cent.


SINGAPORE has been the only market in the Asia-Pacific in which government efforts to contain price increases have actually been successful.

Governments in China, Hong Kong and Australia have been trying for years to slow the steady rise of residential property prices,...