03 Jan '12, 3pm

Singapore's private home prices continue to moderate - Property ...: Singapore's private home prices continue to...

prices in Singapore has continued to moderate in the fourth quarter, reflecting the ninth consecutive price growth since Q4 2009, according to flash estimates released by the Urban Redevelopment Authority (URA) for the private residential property index. The new figures show that the property index jumped to 206.2 points in Q4, from 205.7 points in Q3 2011, representing a rise of 0.2 percent against the 1.3 percent growth in the previous quarter. In Q4 2011, prices of non-landed private residential properties in the Core Central Region (CCR) and the Outside Central Region (OCR) jumped by 0.5 percent and 0.6 percent respectively, while prices in the Rest of Central Region (RCR) remained the same. Meanwhile, prices of non-landed private residential properties rose 2.1 percent in the OCR, 1.2 percent in the RCR and 0.7 percent in the CCR in Q3 2011.

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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