Private home resale prices fall 1.4% in June to hit 18-month low
Published on Jul 14, 2014 10:22 AM
SINGAPORE - Resale prices of private homes fell further in June to hit their lowest point in 18 months, even though the number of units resold picked up.
Prices fell in all parts of the island, led by homes in the city fringe areas.
They slipped 1.4 per cent overall from May to June, according to Singapore Real Estate Exchange (SRX) flash estimates released on Monday.
This was their lowest level since December 2012, the SRX said.
To continue reading, log in if you are a subscriber
Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!