12 Apr '17, 12pm

New post added at LushHomeMedia - Private home prices decline for 14th straight quarter

Private home prices in Singapore continued their decline in the first quarter of this year – the 14th straight quarter of contraction, according to flash estimates released by the Urban Redevelopment Authority (URA) on Monday (Apr 3). The private residential property index fell to 136.5 points in the first quarter, down 0.7 point from the previous quarter. This represents a decline of 0.5 per cent, the same rate as the 0.5 per cent decline in the fourth quarter of last year. ADVERTISING inRead invented by Teads Prices of non-landed private residential properties fell by 0.2 per cent in the Core Central Region (CCR), compared with the 0.1 per cent increase in the previous quarter. Prices in the Rest of Central Region (RCR) remained unchanged, after declining 2 per cent in the previous quarter. Prices in the Outside Central Region (OCR) rose 0.1 per cent, after registering a...

Full article: http://www.lushhomemedia.com/manage_posts/2017/04/12/priv...

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