Published:
Singapore’s home-price decline accelerates post property curbs
Home property index dipped to 159.1 points.
According to Bloomberg's report, Singapore’s home-price decline accelerated in October, falling 1.2 percent from the previous month, adding to evidence that the government’s efforts to cool the property market are working.
The city-state’s residential property index fell to 159.1 points last month after declining a revised 0.9 percent in September, according to the National University of Singapore’s Singapore Residential Price Index. The measure tracking prices in the central region decreased 1.4 percent in October.
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