Singapore’s Q4 private home prices were up 0.2% compared to Q3, according to data for the fourth quarter of 2011 released by the Urban Redevelopment Authority (URA) today.
Prices of non-landed private residential properties rose 0.5% in the core central region.
The rise in Singapore private home prices has slowed for nine consecutive quarters.
The government’s latest cooling measures that took effect on Dec 8, which included a hefty 10% stamp duty on non-resident foreign buyers, is not fully reflected in the URA index due to the lag time between putting down an initial deposit on a property and filing a caveat.
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