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Old 18-06-2008, 11:45 AM
Damian George Damian George is offline
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Join Date: Jan 2008
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Hi All,

Noticed that a lot of people are recommending Singapore and saw this article come across our news wires - not sure yet of the longer term issues but i imagine prices are going to go up!

SINGAPORE (Thomson Financial) - Property developers faced up to a 16 percent increase in construction costs for residential properties in the six months to the end of March, The Business Times reported on Wednesday, citing a report by construction cost consultancy Rider Levett Bucknall.

Across the board construction costs rose by a minimum of 13 percent in the period, the paper said.

yuinmunn.szetoh@thomsonreuters.com
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Damian George

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