Official figures show steep decline in property prices in Singapore

Property Wire, 22 Jul 2009
Residential property prices in Singapore have suffered an unexpected further decline in the second quarter of 2009 despite a frenzy of buying, according to the latest official figures.
Prices fell 5.9% from April to June following an even steeper 14.1% decline in the first quarter of the year, the data from the Urban Redevelopment Authority show.
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Singapore's Real Estate Prices Plummet - Nuwireinvestor.com