The Straits Times
www.straitstimes.com
Published on Jan 25, 2013
 

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

 
 

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.