03.07.2009 - Singapore’s Q209 private residential prices showing correction
From Property-report.com: The price index of private residential property in Singapore fell from 5.9 percent from 139.9 points to 131.7 points in the second quarter of 2009 following a record drop of 14.1 percent in the previous quarter, the Urban Redevelopment Authority´s (URA) recent flash estimates show. Prices of non-landed properties in prime areas took the lead in price falls registering a 6.6 percent decline followed by those in the rest of central region and suburban areas which declined by 6.3 percent and 2.6 percent respectively..........Full Article: Source