Singapore Private Home Prices Weaken Further With 1.1% Drop In Q2: URA Flash Data

Source: https://www.straitstimes.com/business/property/singapore-private-home-prices-weaken-further-with-11-drop-in-q2-ura-flash-data

URA flash data reported a marginal price decline in prices and transaction volumes due to the covid-19 pandemic.  Private residential prices dipped by 1.1% comparing quarter-on-quarter while new launched transaction volume fell by 50% comparing with the same quarter the previous year.  However, there were some good bargains offered by developers in the last few weeks and this might have distorted the prices trends.

 

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