Singapore’s private home market fell by 4% last year, compared to an increase of 1.1 present in the previous year. This is based on data released by the urban redevelopment authority (URA), this last Friday for Botanique at Bartley.

This is the 1st time there’s been a decline in price in the private property home market since 2008. This is due to the stringent government cooling-off measures such as the additional buyers stamp duty (ABSD) as well as The Total Debt Servicing Ratio (TDSR), which were put into place to slow skyrocketing Botanique at Bartley housing costs.

Private Property Prices Botanique at Bartley

Overall price index

In quarter for private home prices dropped by 1.1% higher than the .7% drop in the previous quarter, which equates to a 5th straight quarter in price decline for Botanique at Bartley.

Prices are dropping across all segments of the market in Singapore’s core …