Arab Today, arab today singapore\s private home prices see first fall in nearly 2 years last q4
Last Updated : GMT 21:55:33
Arab Today, arab today
Arab Today, arab today

Singapore\'s private home prices see first fall in nearly 2 years last Q4

Arab Today, arab today

Arab Today, arab today Singapore\'s private home prices see first fall in nearly 2 years last Q4

Singapore - XINHUA

Singapore's private home prices fell by 0.9 percent in the 4th quarter of last year, representing the first decline since the first quarter of 2012, the city state' s Urban Redevelopment Authority (URA) released the data on Friday. The dip in prices was slightly sharper than the 0.8 percent drop based on preliminary data announced on January 2. For the whole year of 2013, prices of private residential properties increased by 1.1 percent, much lower than the 2.8 percent increase in 2012. According to the authorities' data, the price of private homes in suburban region declined by 1 percent in last Q4. It was the first drop since the Q2 of 2009, and the decline was also higher than the earlier estimate at 0.6 percent in early of January. Prices of non-landed properties in the core central region further declined by 2.1 percent in Q4, after the 0.3 percent decrease in the previous quarter. It was slightly slower than the 2.2 percent fall estimated earlier. For the region of the city fringe, on the contrary, the private home prices still climbed by 0.4 percent in Q4, after registering a 0.9 percent decline in the previous quarter. For the year 2013 as a whole, prices in core central region and city fringe decreased by 1.9 percent and 0.1 percent respectively, while prices in suburban region increased by 6.5 percent. According to the URA, developers launched 2,631 uncompleted private residential units for sale in Q4, fewer than the 3,313 units in previous quarter. For the full-year 2013, developers totally launched 15,885 uncompleted units for sale.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today singapore\s private home prices see first fall in nearly 2 years last q4 Arab Today, arab today singapore\s private home prices see first fall in nearly 2 years last q4

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today singapore\s private home prices see first fall in nearly 2 years last q4 Arab Today, arab today singapore\s private home prices see first fall in nearly 2 years last q4

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show
View News in Arabic - Business: عقارات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday