Xinhua, Singapore :
Prices for Singapore’s private homes continue to drop in the third quarter of 2016, with the private residential property index down 1.5 percent compared with the previous quarter, said Urban Redevelopment Authority (URA) in its flash estimate on Monday.
URA revealed that the private residential property index fell 2. 1 points from 140.0 points in the second quarter of 2016 to 137.9 points in the third quarter. This represents a decline of 1.5 percent, compared with the 0.4 percent drop in the previous quarter. It is also the 12th consecutive quarter of decline.
Prices for Singapore’s private homes continue to drop in the third quarter of 2016, with the private residential property index down 1.5 percent compared with the previous quarter, said Urban Redevelopment Authority (URA) in its flash estimate on Monday.
URA revealed that the private residential property index fell 2. 1 points from 140.0 points in the second quarter of 2016 to 137.9 points in the third quarter. This represents a decline of 1.5 percent, compared with the 0.4 percent drop in the previous quarter. It is also the 12th consecutive quarter of decline.
