Reuters, 24 Oct 2008, Kevin Lim
SINGAPORE, Oct 24 (Reuters) - Singapore private home prices fell 2.4 percent in the third quarter, worse than an initial estimate of a 1.8 percent drop as the property market weakened sharply at the end of September.
Rents during the July-September period fell 0.9 percent after gaining 2.5 percent in the three months to June, the government's Urban Redevelopment Authority (URA) said on Friday. Homes in prime areas registered the biggest price decline of 2.7 percent.
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