22 Apr '16, 5am

#singapore #property Private home prices down 0.7% in Q1: Prices of private residential...

#singapore #property Private home prices down 0.7% in Q1: Prices of private residential...

Private home prices and transactions down in the first quarter, latest data shows. Prices of private residential properties in Singapore fell by 0.7 percent in the first quarter of 2016, compared to the 0.5 percent decline in the previous quarter, according to complete data released by the Urban Redevelopment Authority (URA) on Friday, 22 April. In the Outside Central Region (OCR), prices dropped by 1.3 percent after remaining unchanged in the previous quarter. Prices of non-landed properties in the Rest of Central Region (RCR) remained unchanged, compared to the previous 0.4 percent decline. Prices of non-landed properties in the Core Central Region (CCR) rose by 0.3 percent, compared to the previous 0.3 percent decline. Prices of landed properties fell by 1.1 percent, compared to the 1.8 percent decrease in the previous quarter. Source: URA Rentals of private residential...

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

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