House prices in Singapore in the fourth quarter rose 5% q / q, the most since 2010. Reuters

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© Reuters. FILE PHOTO: View of Private Residential Real Estate in Singapore April 28, 2021 REUTERS / Edgar Su

SINGAPORE (Reuters) – Prices of private homes in Singapore jumped 5 percent in the fourth quarter compared to the previous quarter, the most in more than a decade, preliminary official data showed on Monday.

Throughout 2021, prices rose by 10.6%, compared to an increase of 2.2% in 2020.

(This story corrects the turning point in the title to “most since 2010.” from “most since 2009.”)

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