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#1
28-10-2016, 11:10 AM
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Serious Private property prices keep dropping due to weak economy, job losses, huat a
An honorable member of the Coffee Shop Has Just Posted the Following:
Published: 9:22 AM, October 28, 2016 Updated: 9:53 AM, October 28, 2016 SINGAPORE — The prices of private residential properties fell 1.5 per cent in the third quarter (Q3) of this year, a steeper decline than that of last quarter's 0.4 percent, said the Urban Redevelopment Authority in its release of its real estate statistics on Friday (Oct 28). This is also the 12th consecutive decline in private property prices since Q3 of 2013. The rental market also continues to be weak, with rental of private residential properties falling 1.2 per cent in Q3, compared to the 0.6 per cent decline in the previous quarter. Meanwhile, prices of landed properties slid 2.7 per cent in Q3, compared to a 1.5 per cent decline in the previous quarter. Non-landed property prices decreased by 1.2 per cent, compared to the 0.1 per cent decline in the previous quarter. http://www.todayonline.com/business/...ex-down-q3-ura Click here to view the whole thread at www.sammyboy.com. 
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