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The Urban Redevelopment Authority (URA) released the flash estimate of the price index for private residential property for 1st Quarter 2014 today.
Overall, the private residential property index fell 2.7 points from 214.3 points in 4th Quarter 2013 to 211.6 points in 1st Quarter 2014. This represents a decline of 1.3%, compared to the 0.9% decline in the previous quarter.
Prices of non-landed private residential properties in all market segments declined...