Tim Graham | Getty Images
Sluggish economic growth and six rounds of property cooling measures over the past three years, yet Singapore home prices remained on the boil in 2012. That can only mean one thing, say analysts: fresh curbs to cool the housing market in the months ahead.
Private home prices in Asia's financial hub, ranked as one of the world's most expensive cities to live in, climbed 2.8 percent last year, according to flash estimates by the city's Urban Redevelopment Authority (URA), after a 1.8 percent rise in the final quarter of 2012 – the fastest pace since the second quarter of 2011.