Singapore Home Prices Drop for Third Quarter Straight

Singapore home prices dipped for a third straight quarter in the April-to-June period, official data showed on Tuesday, as property cooling measures continued to bite.

Prices of private residential property dipped 1.1 percent on quarter, according to figures from the Urban Redevelopment Authority. That follows a 1.3 percent drop in the first quarter of the year.

In the core central region, prices fell 1.5 percent after falling 1.1 percent in the previous quarter, marking the fifth consecutive quarter-on-quarter decline.


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