Is This the Beginning of the Correction?

By Mr. Propwise From the URA’s recent flash estimate of the 1Q2012 private residential property price index, property prices have begun their long awaited decline. Prices were down 0.1% in the first quarter on a quarter-on-quarter basis. But at the current levels the...

Property Prices at a Turning Point

By Mr. Propwise From the URA’s recent release of the 4Q2011 private residential property index, property price increases in Singapore have almost screeched to a halt. Prices were up just 0.2% in 4Q2011 on a quarter-on-quarter basis and 5.9% on a year-on-year basis. At...

URA Property Price Index at All Time High

By Mr. Propwise From the URA’s flash estimate of the 2Q2011 Property Price Index, property prices in Singapore have (again) hit an all time high. Prices were up 1.9% in 2Q2011 on a quarter-on-quarter basis and 10.1% on a year-on-year basis. At the current levels the...