Singapore Private Property price fall 1.8% based on URA Q3

The Urban Redevelopment Authority (URA) released today the flash estimate of the price index of private residential property for 3rd Quarter 2008.

Based on the estimated price index of private residential property, prices fell from 177.5 points in the 2nd Quarter 2008 to 174.3 points in the 3rd Quarter 2008. This represents a decline of 1.8%, compared with the 0.2% increase in the previous quarter (see Annex A).

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