SG’s private home prices down 5.7%

Property Report Asia, 5 Jan 2009, Khalil Adis

Singapore´s private property price index continued to slide even further in the fourth quarter of 2008 falling by 5.7 percent, the Urban Redevelopment Authority´s (URA) latest flash estimate shows.

This fall is more than double the 2.4 percent decline registered in the previous quarter and the steepest decline since 1998.

Read More