Private home prices surge 7.3 per cent

PRIVATE home prices shot up 7.3 per cent in the final three months of last year, allowing 2009 to finish in positive territory after a horror start.

Yesterday’s flash estimates indicated that prices overall increased by 1.7 per cent last year and it was all down to the final, frantic six months.

The 7.3 per cent jump [...]

32 bids, bumper price

A SMALL site in Jurong West that was withdrawn from sale 21 months ago because bids were too low attracted a record 32 offers and a bumper price yesterday after going back onto the market.

The winning bid for the government plot came in at $38.5 million or $254 per sq ft – more than three [...]