11 Oct '16, 5am

Private home prices slide further in Q3: URA

Prices for private homes in Singapore continue to drop in the third quarter, with the private residential property index down 2.1 points from 140.0 in the second quarter to 137.9 points, the Urban Redevelopment Authority (URA) said on Monday (Oct 3). According to the agency’s flash estimates, this represented a decline of 1.5 per cent, compared with the 0.4 per cent dip in the previous quarter. It is also the 12th consecutive quarter of decline. ADVERTISING inRead invented by Teads Delving deeper, prices of non-landed private residential properties declined by 1.8 per cent in the Core Central Region, while prices in the Rest of Central Region slid 1.3 per cent, reversing the 0.2 per cent increase the previous quarter. Prices for those in the Outside Central Region declined by 1.2 per cent, it added. As for landed property private homes, there was a drop of 2.2 per cent in ...

Full article: http://www.lushhomemedia.com/manage_posts/2016/10/11/priv...

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