Business @ AsiaOne

Q2 private home prices fall

Decline not as sharp as fall in Q1. -ST

Wed, Jul 01, 2009
The Straits Times

SINGAPORE'S private home prices fell for a fourth straight quarter as the economic slowdown weighed on demand.

The price index of private residential property fell 5.9 per cent to 131.7 in the second quarter from 139.9 the previous three months, according to flash estimates released by the Urban Redevelopment Authority on Wednesday.

The decline was not as sharp as the 14 per cent fall in the first quarter, the most in at least 16 years.

 

 

 


For more The Straits Times stories, click here.

 
[an error occurred while processing this directive]
 
 
Copyright ©2007 Singapore Press Holdings Ltd. Co. Regn. No. 198402868E. All rights reserved.
Privacy Statement Conditions of Access Advertise