Singapore property stocks rose, bucking the decline inside thebroader stock marketplace, following information showed private house salessoared inside January. According to the Urban Redevelopment Authority (URA),developers inside Singapore sold 2,013 fresh private homes inside January,up 43 % from December’s 1,410 units. The jump came aboutdespite new cooling measures announced by the government about Jan.11. Around 0715 GMT, shares of Southeast Asia’s biggestdeveloper CapitaLand were up 0.8 % at S$ 3.93,while City Developments rose 0.3 % to S$ 11.45. The benchmark Straits Times Index was 0.2 percentlower. …
Stock Markets News Headlines – Yahoo! News
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