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View Full Version : Private residential property prices in S'pore rise 0.4% in Q3



chloechen
25-10-13, 12:10
UPDATE:

http://www.channelnewsasia.com/news/singapore/private-residential/860958.html



SINGAPORE: Prices of private residential properties in Singapore increased by 0.4 percent in the third quarter of 2013, unchanged from the flash estimate.

This is lower than the price increase of 1 percent recorded in the previous quarter.

According to latest data from the Urban Redevelopment Authority (URA), prices of non-landed homes in the core central region fell by 0.3 percent, after a 0.2-percent decrease in Q2.

Prices of homes in the city fringe or rest of central region declined 0.9 percent in Q3 - the first decrease for the region since the first quarter of 2012.

Meanwhile, prices of non-landed homes in the suburban areas rose at a slower pace of 2.2 percent, compared to the 3.8 percent increase in Q2.

URA added that rentals of private residential properties increased by 0.2 percent in Q3, lower than the 0.3-percent increase in the previous quarter.

chloechen
25-10-13, 12:14
After posting this, then I realised that reporter2 had previously posted the flash update in another thread. Hence I have posted a duplicate there as well.

http://forums.condosingapore.com/showthread.php?p=440642#post440642