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Singapore's home prices rose for a third consecutive quarter, with private residential prices increasing by 1.5% in Q1.
Singapore's home prices rose for a third consecutive quarter, despite tepid sales and a global property downturn.
Private residential prices increased by 1.5% in Q1 compared to the previous quarter.
The luxury apartment segment has been hit hard by a 60% stamp duty on foreigner purchases.
Domestic mortgage rates are expected to remain elevated, and the government has refrained from introducing major demand-inducing measures.
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Los precios de las viviendas en Singapur aumentaron por tercer trimestre consecutivo, y los precios residenciales privados aumentaron un 1,5% en el primer trimestre.