Singapore private home prices weaken further with 1.1% drop in Q2: URA

Comparing quarter-on-quarter private home prices, URA flash data reported a 1.1% and 0.6% dip in Q2 prices for private residential and private non-landed residential respectively. These are the direct results of showflat closure and a restriction imposed on all property viewing activities because of the pandemic. Breaking down the prices of non-landed residential results by region, core central region homes seems to be the most resilient showing the smallest dip of 0.1% as compared to the other 2 regions.

Source: https://www.straitstimes.com/business/property/singapore-private-home-prices-weaken-further-with-11-drop-in-q2-ura-flash-data

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