Off the wire
• 1st LD-Writethru: Chinese shares close lower on investors' profit taking  • One killed, 11 injured in three blasts in Pakistan  • 1st LD Writethru: Singapore stocks end up 0.17 pct  • 1st LD Writethru: Blast kills 2, wounds 2 in Afghanistan's Almar district  • Driver in deadly bus accident has no criminal record on driving: prosecutor  • Vietnam spends over 1.21 bln USD on auto imports in H1  • UN says fighting, uncertainty in S. Sudan uproot 26,000 to Uganda  • UN urges Somalia to protect children affected by armed conflict  • Xinhua China-related world news summary at 1000 GMT, July 22  • Kenya Airways full year loss hits 260 mln USD on huge currency risk  
You are here: 　 Home

Singapore's housing prices remain unchanged in Q2

Xinhua, July 22, 2016 Adjust font size:

Singapore's residential property prices remained unchanged in the second quarter of 2016, despite an increase in the number of resale transactions, according to figures released by the Urban Redevelopment Authority (HDB) on Friday.

The flash estimates showed that the private residential property price index in the second quarter remained at 134.7 points.

In the meantime, resale transactions increased by 31.2 percent, reaching 5,838 cases in second quarter of the year.

The Singapore government has introduced several rounds of tightening measures to cool the private residential property market in recent years, which have stablized the property market.

About 80 percent of the population in Singapore live in public housing flats built and sold by the government. The private housing properties, with the transactions made in a separate market, accounted for some 24 percent of the total units. Endit