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Singapore's Q3 private home prices rise 0.5%

Published on Oct 1, 2012 10:50 AM
Prices for private residential homes rose 0.5 per cent in the third quarter this year, according to flash estimates by The Urban Redevelopment Authority (URA). -- ST PHOTO: AZIZ HUSSIN

Private home prices inched up 0.5 per cent in the three months to September to a new record high, according to preliminary estimates released by the Urban Redevelopment Authority yesterday.

This is a touch more than the 0.4 per cent gain in the quarter before.

The pace of change in prices varied across the different market segments.

Prices of city centre non-landed homes increased by 0.2 per cent in the third quarter, compared to a 0.6 per cent rise in the previous quarter.

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