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Luxury home prices in Singapore hardest hit among 35 cities: Knight Frank

Prime residential prices in S'pore down 12.6% for year to March; market tepid

Prisca Ang
Published Fri, May 15, 2015 · 09:50 PM

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Singapore

PRIME residential prices fell the most in Singapore among a pool of 35 cities in a study by Knight Frank.

According to the Prime Global Cities Index, prices of Singapore luxury homes plunged 12.6 per cent for the twelve months ended Mar 31, 2015. This was a far cry from Geneva and Zurich, which both experienced the largest dip in prices by 5 per cent after Singapore.

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