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Private home prices slip 1.1% in Q1: URA

Flash estimates show sixth straight quarter of decline from the peak in the third quarter of 2013; further declines likely

Published Wed, Apr 1, 2015 · 09:50 PM

    Singapore

    PRIVATE home prices remained on a slide in the first three months of this year as the stalemate between buyers and sellers ensued, signalling a sluggish start for the year.

    Flash estimates from the Urban Redevelopment Authority (URA) showed its overall private residential property price index (PPI) slipped 1.1 per cent in the first quarter this year from the preceding quarter.

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