Singapore luxury home prices declined 1.7% in local currency terms in AprilJune from the preceding quarter, while average rents fell 1.9% as completed units came onto the market, it said in a statement yesterday.
By Reuters
Tuesday, August 23, 2011
S’pore luxury home prices fall
SINGAPORE: Luxury home prices in Singapore fell during the second quarter as Asia's high-end residental market showed signs of softening amid tighter mortgage lending and rising interest rates, property services firm CB Richard Ellis said.Latest business news from AP-Wire
Singapore luxury home prices declined 1.7% in local currency terms in AprilJune from the preceding quarter, while average rents fell 1.9% as completed units came onto the market, it said in a statement yesterday.
By Reuters
Singapore luxury home prices declined 1.7% in local currency terms in AprilJune from the preceding quarter, while average rents fell 1.9% as completed units came onto the market, it said in a statement yesterday.
By Reuters
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment