Sph Website
 
THE AWARD-WINNING WEBSITE: BEST IN ONLINE MEDIA (GOLD) - WAN-IFRA ASIA DIGITAL MEDIA AWARDS 2012
Breaking NewsMoney
Singapore weather
24 °C
 -
28°C
 
HomeBreaking NewsMoneyStory

Singapore private property prices up 1.8% in 4th quarter, 2.8% higher in 2012

 
Published on Jan 25, 2013
9:05 AM
newspostPurchase this article for republication
photobankBuy SPH photos
Potential buyers at Qbay’s showflat during the first day of preview sales on 18 Jan 2013. The Tampines project sold 315 units. -- ST PHOTO : CHEW SENG KIM

By Lee Su Shyan

Detailed Urban Redevelopment Authority (URA) data showed that private home prices were 1.8 per cent higher in the fourth quarter of last year.

For the year, prices rose 2.8 per cent compared with 2011.

Prices of non-landed homes in the suburban areas showed the sharpest increase in the fourth quarter, rising 3.8 per cent.

Supply is high. At the end of last year, there are 86,475 uncompleted private homes.

TO READ THE FULL STORY...

 
comments powered by Disqus
 

Most Popular

1. STI plunges nearly 2% as investors take fright over Bernanke's testimony, China's economy
2. Singapore economy grows 0.2% in first quarter
3. Greenback hits 10-month high against Singdollar
4. Inflation in April plunges to three-year low of 1.5% on cheaper cars
5. Exports, trade shrink in first quarter
6. Bank of Japan rains cash after key bond yield spikes
7. Nissan to recall 841,000 vehicles worldwide due to steering wheel glitch
8. Half of investments in emerging markets go via tax havens: Study
9. European banks stop sending money to North Korea: Aid groups
10. Indonesian buyers retreat from luxury home market in first quarter: DTZ