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Old 01-10-2014, 11:00 AM
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Thumbs up Good news for property agents as housing prices drop again

An honorable member of the Coffee Shop Has Just Posted the Following:

- See more at: http://www.straitstimes.com/news/bus....jjUS93Sa.dpuf

Prices of Singapore private homes, resale flats drop again in Q3

Published on Oct 1, 2014 8:49 AM


By Ann Williams


SINGAPORE - Singapore home prices continued to slide in the third quarter of this year, according to data released by the Urban Redevelopment Authority (URA) and Housing Board (HDB) on Wednesday.

Private home prices fell 0.6 per cent in the July to September period, the fourth continuous quarter of price decrease and following from a 1 per cent decline in the second quarter.

Meanwhile, the decrease in HDB resale flat prices accelerated to 1.6 per cent in the third quarter, after falling 1.4 per cent in the previous three months.

Prices of non-landed private homes declined in all market segments, the URA said.


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