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via EdgeSingapore RSS on 6/30/09
Singapore's private home prices fell for a fourth straight quarter as the city-state's deepest recession on record weighed on demand.
The price index of private residential property fell 5.9% to 131.7 in the second quarter from 139.9 the previous three months, the Urban Redevelopment Authority said in an e-mailed statement today.
Prices tumbled 14% in the first quarter, the most in at least 16 years.
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