Private home prices fall 1.1% in third quarter, first dip in a year; HDB prices rise

Quick Summary:

SINGAPORE: Private housing prices fell in the third quarter of the year as sales momentum slowed, according to flash estimates released by the Urban Redevelopment Authority (URA) on Tuesday (Oct 1).

The private residential property price index decreased by 1.

Prices in the Outside Central Region (OCR) fell by 0.1 per cent, compared to the 0.2 per cent increase in the previous quarter.

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Category: EconomyBusiness

Markets: Singapore

Topics: Market Quarter Increase Property Cent Year Prices Interest Third Previous Private

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-01 @ 13:42:15 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 1047 words

Reading Time: 6 minutes read

Sentences: 38 lines

Sentence Length: 28 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 22832302

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