Singapore's housing price growth moderated in first quarter

The growth in the prices for residential properties in Singapore moderated in the first quarter, according to statistics released Monday. 

Flash estimate released by the Urban Redevelopment Authority showed that the prices for private homes in Singapore rose by 0.5 percent in the first quarter, compared with 1.8 percent in the previous quarter.Antique tubs 

The prices of non-landed private residential properties,Vintage tubs such as apartments, in the core central region, grew by 0.4 percent, compared with 0.7 percent in the previous quarter. There was no price growth in the city fringes,prepreg while the private home prices outside the central region went up by 1.7 percent. 

Meanwhile, the Housing and Development Board said that the resale prices of public housing flats built and sold by the government to local resident households, rose by 1.2 percent quarter on quarter. 

It was the lowest quarter-on-quarter growth since the first quarter of 2012. 

About 80 percent of the resident population in Singapore live in comfortable and spacious public housing flats built and sold by the government, while the private home market is typically high- end.Click Here to play Factor Vibrating feeder free online math games It is estimated that about 24 percent of housing units were developed by private developers.

The government has introduced at least seven rounds of cooling measures since 2009 to tame the rising property prices, which officials attributed partly to low interest environment and abundant liquidity. The latest round, announced in January after prices rose to record highs in the fourth quarter, targeted not only foreigners but also local investors.Vintage faucets