{"id":1957,"date":"2015-09-13T06:40:37","date_gmt":"2015-09-12T22:40:37","guid":{"rendered":"https:\/\/www.99.co\/blog\/singapore\/?p=1957"},"modified":"2022-07-01T03:33:30","modified_gmt":"2022-06-30T19:33:30","slug":"singapore-private-home-prices-dropped-by-2nd-largest-margin-in-asia","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/singapore-private-home-prices-dropped-by-2nd-largest-margin-in-asia\/","title":{"rendered":"Singapore private home prices dropped by 2nd largest margin in Asia"},"content":{"rendered":"
<\/div>

<\/h3>\n

Report named China as worst performer, with private home prices falling by 6 per cent in the April-June quarter from the same period a year ago. <\/em><\/h3>\n

Singapore private homes prices have dropped by the second-largest margin in Asia in the last quarter, with only China performing worse, according to Knight Frank\u2019s Global House Price Index.<\/p>\n

The report, released on Sept 4, showed that Singapore private home prices fell by 3.2 per cent in the April-June quarter from the same period a year ago. China posted a 6 per cent drop.<\/p>\n

\"Private<\/p>\n

Ms Alice Tan, Knight Frank Singapore’s director and head of consultancy and research, said the continual fall in prices<\/a> shows buyers are remaining cautious, with existing cooling measures and the anticipation of further price correction.<\/p>\n

Private home prices in Hong Kong saw the biggest gains, defying government cooling measures, with prices increasing by 20.7 per cent in the second quarter.<\/p>\n

Australia recorded a 7 per cent increase in prices, while Malaysia saw a gain of 4 per cent.<\/p>\n

 <\/p>\n

If you liked this article, you might be interested in\u00a0Singapore property prices could drop by 30%<\/a> and\u00a0Is the winter in the property market finally over?<\/a>.<\/p>\n

Find the home of your dreams today at Singapore\u2019s largest property portal, 99.co<\/a>!<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

Report named China as worst performer, with private home prices falling by 6 per cent in the April-June quarter from the same period a year ago. Singapore private homes prices have dropped by the second-largest margin in Asia in the last quarter, with only China performing worse, according to Knight Frank\u2019s Global House Price Index.…<\/p>\n","protected":false},"author":17,"featured_media":53956,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53593,57131],"tags":[53621,53627,53628,53688,53730],"persona":[],"class_list":{"2":"type-post","14":"entry","15":"has-post-thumbnail"},"acf":[],"yoast_head":"\nSingapore 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