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02

Singapore Home Prices Fall for Third Year Amid Government Curbs

By Tony Seruga

Home prices fell 0.4% last quarter, yielding 3% yearly decline
Residential values have tumbled 11% from September 2013 peak

Singapore home prices fell 3 percent in 2016, the third straight year of declines as the government held steadfast on property cooling measures.

An index tracking private residential prices fell 0.4 percent in the three months ended Dec. 31 from the previous quarter, according to preliminary data from the Urban Redevelopment Authority released Tuesday. Prices fell for a 13th straight quarter, the longest streak since the data was first published in 1975…

Singapore Home Prices Fall for Third Year Amid Government Curbs

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