SINGAPORE, Oct 1 ?Singapore private home prices surged 15.9 per cent in the third quarter from the previous quarter, preliminary government data showed today, highlighting concerns about a property market bubble.
Singapore's government last month announced measures to cool the property market by releasing more land and making it harder for home buyers to defer payments, but analysts said policymakers were likely to hold off on further measures for fear of derailing a still patchy economic recovery.
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