30 Apr '13, 6am

Slower rise in private home prices q-o-q in Q1

http://www.businesstimes.com.sg/arch...-q-q1-20130427 Published April 27, 2013 Slower rise in private home prices q-o-q in Q1 But prices in the industrial, office and shop segments surge By Kalpana Rashiwala PRIVATE home prices in the first quarter rose just 0.6 per cent from the previous quarter, compared with the 1.8 per cent increase in Q4 2012. However, it was the opposite story for prices of industrial, office and shop space, which spurted ahead. Analysts say the slower pace of increase in private home prices attests to the efficacy of the January cooling package. This helped to divert investor interest to the non-residential sectors, particularly the office and retail property markets, which were left untouched by the January measures. This explains the acceleration in these segments in Q1, going by latest data from Urban Redevelopment Authority (URA). However, what ...

Full article: http://forums.condosingapore.com/showthread.php?p=394053#...

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