Measures announced in Singapore at the end of August to cool the property market are starting to have an effect in terms of slowing property prices.But prices are still rising as the latest figures from the Urban Redevelopment Authority (URA) showed private home prices rose by 3.1% in the third quarter of the year to push its index to a high of 190.
But the price increases are slowing, down from a 5.3% increase in the second quarter of the year. While in the public housing sector the Housing and Development Board (HDB) said prices of HDB resale flats increased 4%%, the sixth quarterly gain in a row. Full story
