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On falling home prices and black-and-white houses

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Leslie Yee

Leslie Yee

Published Fri, Jul 7, 2023 · 04:33 PM
    • In the latest edition of his column, The Level Ground, Leslie Yee argues the Jurong Lake District site is worth serious consideration by major developers.
    • In the latest edition of his column, The Level Ground, Leslie Yee argues the Jurong Lake District site is worth serious consideration by major developers. BT SCREENSHOT

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    What goes up my have to come down eventually.

    For the first time in three years, the Urban Redevelopment Authority’s (URA) widely watched overall private home price index has eased.

    It contracted 0.4 per cent quarter-on-quarter (qoq) in Q2 2023, based on the latest flash estimate data released by URA on Jul 3, in sharp contrast with the 3.3 per cent qoq rise in Q1 2023. 

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