20 Sep '16, 5pm

Property in Singapore

Singapore house prices continue to fall Singapore housing prices are trending down, with economic growth moderate. The private residential property index fell by 3.83% during the year to Q1 2015. When adjusted for inflation, house prices fell by 3.45% during this period. During the latest quarter (i.e. q-o-q in Q1 2015), residential prices fell by 1.02% (-0.89%% inflation-adjusted). In Core Central Region . prices of non-landed private residential properties fell by 3.52% (-3.14% inflation-adjusted) y-o-y to Q1 2015. In the Rest of Central Region . property prices were down by 3.74% (-3.35%% inflation-adjusted) over the same period. Outside Central Region . property prices fell by 3.13%(-2.75% inflation-adjusted) during the year to Q1 2015 The slowdown in house prices is the result of deliberate government policy. Before and after the global economic crisis, Singapore’s pr...

Full article: http://realestate.remmont.com/property-in-singapore/

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