Bloomberg.com, 2 Oct 2008, Chen Shiyin
Oct. 2 (Bloomberg) -- Singapore's private home prices fell for the first time in more than four years in the third quarter, signaling an end to a real estate boom that began in 2004.
Prices declined 1.8 percent in the three months ended Sept. 30, after rising 0.2 percent in the second quarter, the Urban Redevelopment Authority said today. That's the first drop since the three months ended March 31, 2004, when prices retreated 0.4 percent, according to the agency.
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