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THE recent sharp rise in private home prices here is not yet indicative of a bubble and prices could increase further, DBS Group research head Timothy Wong said yesterday. ‘In the mass market, what you are seeing is real end-user demand that is catching up,’ he told reporters at a briefing to present the group’s economic [...] HONG Leong Group, Far East Organization and Frasers Centrepoint have been the most active companies on the local property scene this year, making their mark in the number and value of homes sold. Together, the three developers are likely to have raked in more than $6 billion from selling more than 5,000 private homes – mostly [...] |
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