Jul
03
Singapore Home Prices Extend Longest Losing Streak on Curbs
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0.3% in 2nd quarter, preliminary data shows
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Residential values have fallen 12% from September 2013 peak
Singapore home prices fell in the quarter ended June, extending the drop in property values to a record 15th quarter as most measures to cool the market remain in place despite a slight easing in March.
An index tracking private residential prices fell 0.3 percent in the three months ended June 30 from the previous quarter, according to preliminary data from the Urban Redevelopment Authority released Monday. The almost four-year decline in prices is the longest since the data was first published in 1975…