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S'pore's private home prices up 6.8% in Q4
Fri, Jan 25, 2008
Reuters

>SINGAPORE private home prices rose a slower 6.8 percent in the October-December from the previous quarter, reflecting rising economic uncertainties and the effect of measures to cool the property market.

The price index for private home sold, a gauge of profitability for property firms and an indicator of inflation already at 25-year highs, rose 8.3 per cent in the previous quarter bringing prices to their highest levels in a decade.

Private home prices rose 31.2 per cent in the whole of 2007, the Urban Redevelopment Authority (URA) said on Friday.

 

 
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