30 May '14, 2am

The URA Report on Property Trends for the First Quarter of 2014, New Launches, Singapore...

The URA Report on Property Trends for the First Quarter of 2014, New Launches, Singapore...

According to the URA, a decline in private residential properties was observed throughout the market. Generally, Prices went down by 1.3% last quarter, even after the 0.9% decrease in 2013’s final quarter. The selling prices of non-landed residential properties in the CCR and OCR waned by 1.1% and 0.1% respectively. Landed properties meanwhile, went down by 0.7%. These numbers all follow a decrease already observed in the preceding quarter. Rental prices similarly decreased by 0.7% in 2014's first quarter. This immediately followed the 0.5% downturn seen by the end of 2013.

Full article: http://www.stproperty.sg/articles-property/new-launches/t...

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