Reuters logo
Singapore Q2 private home prices -1.0 pct q/q
July 25, 2014 / 12:45 AM / 3 years ago

Singapore Q2 private home prices -1.0 pct q/q

SINGAPORE, July 25 (Reuters) - Singapore's Urban
Redevelopment Authority released detailed estimates for the
change in private home prices in the second quarter on Friday:
    Quarter-on-quarter, percentage price change:
 Quarter      Q2/2014   Q1/2014
 Singapore      -1.0      -1.3
 home prices            
    - Singapore has taken steps to cool the housing market, and
the drop in private home prices in the second quarter marked the
third straight quarter of price declines.
    - Prices fell across all segments of the private residential
property market.
    - Prices of non-landed properties in the core central region
 declined by 1.5 percent, following a 1.1 percent drop in the
previous quarter.
    - Prices of homes outside the central region fell 0.9
percent, significantly more than the 0.1 percent decline in the
previous quarter.
    - Private property rents fell 0.6 percent in the second
quarter, compared with a 0.7 percent decline in the first

 (Reporting by Masayuki Kitano; Editing by Paul Tait)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below