Singapore’s res market dwindles

Property Report Asia, 22 Dec 2008

Singapore’s private residential market continued to show signs of cooling, according to the latest research from Knight Frank.

The research found rrices and rentals of private residential properties fell in 3Q 2008 after nearly four years of consecutive quarterly growth.

However, average HDB resale flat prices still grew 4.2% qoq in 3Q 2008.

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