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Since 2005, the price growth of ultra-high-value homes has been the highest in the emerging "new world" economies of Singapore at +144 percent, followed by Mumbai at +138 percent, Moscow at +110 percent and Hong Kong at +83 percent. This pattern reflects the geography of the new wealth generation, as well as the creation of new billionaires over that period.
- http://sg.news.yahoo.com/singapore-ranked-4th-most-costly-city-160000133.html
- http://sg.news.yahoo.com/singapore-ranked-4th-most-costly-city-160000133.html