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Surging Singapore home prices heighten bubble worries

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Singapore private home prices surged 15.9% in the third quarter from the previous quarter, the biggest jump this decade, government data showed on Thursday, highlighting fears about a property market bubble. Worries about dangerously inflated house prices in Asia being fanned by record low interest rates have led to speculation that countries including South Korea and Australia could move to tighten monetary policy. (nSYD487034) (nSEO144752) 

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