By Joyce Teo

SINGAPORE'S private home prices fell 5.9 per cent in the second quarter, which was an improvement from the record 14.1 per cent fall in the first quarter.

Initial estimates released by the Urban Redevelopment Authority (URA) on Wednesday also showed the decline in non-landed home prices was the lowest in the suburban areas.

Prices in this segment fell just 2.6 per cent, compared with a 6.6 per cent slide in the core central areas and a 6.3 per cent fall in the city-fringes.

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