“The average increase for residential property prices was about 25% in the first quarter. A significant movement was witnessed in the medium density areas.”
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“On a month-on-month basis, nominal growth in house prices was up about 7% in March. Real month-on-month growth of 9% was recorded in February.”
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“Rentals are now being reviewed quarterly. Depending on when ones quarter ends, many tenants had their rents reviewed by between 60% and 80%.”
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