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URA expects Q3 private property to fall 1.8%
http://idealresidence.wordpress.com/ 2008/ 10/ 02/ ura-expects-q3-private-property-t...
URA expects Q3 private property to fall 1.8% SINGAPORE: Private home prices in Singapore fell by 1.8 per cent in the third quarter, according to flash estimates released Thursday by the Urban Redevelopment Authority. This is the first time overall prices of private apartments have dipped in four years to 174.3 points in the third quarter, compared to second quarter’s price index of 177.5 points, which was a 0.2 per cent increase over the previous quarter. The cost of high-end properties in prime districts continues to taper, with prices falling by 2 per cent quarter on quarter, but those in the mass market segment grew marginally by 0.1 per cent.
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