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S'pore home prices still falling

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Old 14-06-2015, 01:29 PM
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Default S'pore home prices still falling

A slew of property cooling measures rolled out by the government over the past few years, in particular the introduction of the Total Debt Servicing Ratio (TDSR) in June 2013, have pushed prices down.

Prices of non-landed residential properties in Singapore fell 3.3 percent between Q1 2014 and Q1 2015, revealed the Knight Frank Global House Price Index.

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