All key indicators are down in the doldrums, except one.
Private home prices continue their downhill struggle, as declines continued across all segments of the private residential property market.
The drop in the price index was slightly more than the 0.9% drip last quarter.
According to a release by the Urban Redevelopment Authority, prices of non-landed properties fell 1.2%, 1.6%, and 1.6% for the Core Central Region (CCR), the rest of the Central Region (RCR) and Outside Central Region (OCR) respectively.
These were all greater compared to the declines of 0.6%, 0.6%, and 1.1% respectively in the previous quarter.
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